I don't think it will be that bad.Have a look at the course of...

  1. 5,727 Posts.
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    I don't think it will be that bad.

    Have a look at the course of sales. Most of the buying was done under 1.5 cents, more around 1.2 to 1.3 cents. W2V is back at 1.2 cents, so I would think the day traders are out because 7M shares changed hands again today.

    The run up to 2.3 cents just before midday was on tiny volume, compared to the 40 million shares by the end of the day. There was then a slow dump starting from midday back to 1.3 cents at the close. I also think most of the day traders would have got out during that dump as well. Wouldn't you? If you're a day trader, you would need to preserve as much of your capital as possible for the next trade.

    https://hotcopper.com.au/data/attachments/5424/5424647-6540e26712a66376fa0e66c92342d310.jpg

    There's still some market depth. It increases & decreases during trading. Watch it tomorrow. There's even been an aftermarket in this stock. That I haven't seen for some time.


    https://hotcopper.com.au/data/attachments/5424/5424724-0672c34b33409d9c78e5391747675712.jpg

    Today's auction.

    https://hotcopper.com.au/data/attachments/5424/5424733-492cee4415a52a92b52540a57c0ed88f.jpg

    The run up to 2.3 cents yesterday.

    https://hotcopper.com.au/data/attachments/5424/5424759-2914adf2610b9da0c276dd53c4c27cab.jpg
    https://hotcopper.com.au/data/attachments/5424/5424762-1239e639cad7177d03fded3d6ebcbafa.jpg
    https://hotcopper.com.au/data/attachments/5424/5424765-de901aed6550823b96835bec982f4fdc.jpg


    Let's see what the next quarterly brings on July 31st.

    Last edited by ProCapitalism: 13/07/23
 
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(20min delay)
Last
0.6¢
Change
0.000(0.00%)
Mkt cap ! $10.19M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
14 5649657 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 2495221 3
View Market Depth
Last trade - 16.12pm 19/06/2025 (20 minute delay) ?
W2V (ASX) Chart
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