SMM 20.0% 0.4¢ somerset minerals limited

When a pile of 1m+ bids on every .1 cent increment start to pile...

  1. 233 Posts.
    lightbulb Created with Sketch. 7
    When a pile of 1m+ bids on every .1 cent increment start to pile up; the size of the bid doubles that of the ask; and the trading volume starts to increase - that's accumulation.

    It's also about the most bullish set up in a small cap stock that I know.

    Interestingly enough, it preceded a big up move in copper last night - funny how share traders often have better smarts than their mates in the futures pit.

    Anyway, not sure why you want to bag this potential up move. At 1.5 cents, a 100% capital gain is mroe than likely, and 1000% gain just as feasible.
 
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Last
0.4¢
Change
-0.001(20.0%)
Mkt cap ! $4.123M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $18.42K 4.606M

Buyers (Bids)

No. Vol. Price($)
10 6634995 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 550000 2
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Last trade - 14.21pm 27/08/2024 (20 minute delay) ?
SMM (ASX) Chart
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