If you're nervous of such small volume altering the SP then this isn't the share for you. On the flip side, the reverse could happen with small volume causing an uplift. I'd be worried once we see volume in the millions and SP is falling. As someone mentioned, we need a good piece of announcement to spark interest. Otherwise, probably better to switch your phone off.
We must also take into account the fact that there is sell off across a number of companies. Pretty similar pattern across the years as people need funds for holiday periods.
If you're nervous of such small volume altering the SP then this...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $40.07M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $22.63K | 222.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 196490 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 19847 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 10.0¢ | 10.5¢ | 10.0¢ | 66608 | ||
| Last updated 15.13pm 03/05/2024 ? | |||||
| MAG (ASX) Chart |