Buying side is being sold into at will. At the same time, sell orders just keep on stacking up. For what is meant to be a 'tightly' held stock, particularly among the top 20, it's hard to make sense of what's been driving this trading pattern.
The only things I can think of, are: we're meant to be learning about the work schedule for tranche 2 of the India deal this month - perhaps the market has concerns that it might be delayed, or re-scheduled altogether. Alternatively, the market might have some doubts over working capital to commence the 5 year lock order (if in fact received), since receipts would flow through later with a lag.
Mmmmh, still very tempted to top up, but I'm somewhat skeptical when there is a 'wall' put up on an even number bid like 10c, especially with one large order accounting for the majority of it. Looks to also be a fairly significant threshold from a technical perspective (triple bottom?), so a bounce from here is pretty crucial in the short term.
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $30.39M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.5¢ | $28.73K | 273.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 206330 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 13741 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 206330 | 0.100 |
2 | 20204 | 0.098 |
2 | 1650 | 0.095 |
1 | 1100 | 0.092 |
2 | 12099 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 13741 | 1 |
0.110 | 59098 | 1 |
0.115 | 86794 | 3 |
0.120 | 74609 | 2 |
0.130 | 142324 | 4 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
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