I also thought it was ok and can't reconcile the depth of the breast beating. It probably missed some heightened expectations and the bears hit their straps early and set off some cascade selling in the first hour and herd instinct was responsible for the rest.
Alexium has form for selling into the 4C but this time there was no early counter active buying as the bears took control but it looked way overdone to me.
The SP has hit the support area and it is a wait and see, will post a chart at some point soon...
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1.1¢ |
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-0.001(4.35%) |
Mkt cap ! $17.18M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 96350 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 2538461 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 96350 | 0.011 |
5 | 4986365 | 0.010 |
3 | 511210 | 0.009 |
2 | 182600 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 2538461 | 2 |
0.013 | 1987914 | 4 |
0.014 | 134311 | 1 |
0.015 | 36316 | 2 |
0.017 | 15000 | 1 |
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