That last trade ( I didn't see it ) was probably a technical move. The stock is now in oversold territory due to that trade.
Bear in mind it can also stay in oversold territory for a long time before a bounce.
I did notice that the selling down yesterday was off screen, wait for the buyers to build and then hit. Not a great sign, insiders? or disgruntled long term holders? I see .033 as support, I will watch if it holds, if not .029 looks like next major support.
Cheers and happy trading
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.63M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| NET (ASX) Chart |
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