I can't speak on behalf of other charting enthusiasts, but I imagine there might be a few holders who bought at the highs of 2014 and would be happy to break even and exit the stock around 25c after enduring financial purgatory for the last 7 years.
Just human nature and nothing to do with market cap.
ADO Charting and Technical Analysis, page-190
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $44.43M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.1¢ | 1.8¢ | $158.8K | 8.140M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 1644980 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1950499 | 2 |
View Market Depth
| Last trade - 13.42pm 15/08/2024 (20 minute delay) ? |
| ADO (ASX) Chart |