We had last week a similar scenario, Monday 2.5c, Tuesday down to 2c and back yesterday to 2.5c. Today down to 2c, end of this week / next week back up to ....
If there was a forced seller yesterday and today then they could be done. Otherwise they might wait for a another big pile at 2c to dump into. But even the biggest seller will run out of shares to sell at some stage. A bit of patience and cool heads required, as always in those situations. If those shares were sold to others than to themselves ( tree shaking ) then 2c becomes the new base to go upwards from.
GLTA
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Last
1.3¢ |
Change
0.002(18.2%) |
Mkt cap ! $11.36M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $68.82K | 5.600M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8500000 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 711435 | 2 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
0.002 ( 13.0 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.3¢ | 1.1¢ | 4132650 | ||
| Last updated 14.15pm 27/05/2024 ? | |||||
| W2V (ASX) Chart |