Keep in mind that low-volume stocks' SP's are easily manipulated. A big seller with a ton of shares could dump a piece of his shares in small batches at bid prices to quickly lower the SP when there's low volume. I don't know if you remember that the SP was going down 5% after hours on one share traded. Low volume swings in price are not hugely significant. It's those big volume periods that really determine the overall direction of a stock, and I think many are on the sidelines waiting to see if we get Recell Go approval or not. Patience is a virtue with Avita. When I see low volume sell-offs, that's a buy signal to me, especially if the fundamentals and story are still going as expected. In fact, I patiently wait for these moments, and then I swoop in with big buys. The story still looks great, so take advantage. Tree shaking of weak hands is common with Avita's stock. It's very volatile simply because of the low volume. So realize that, and prepare for it.
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Last
$3.02 |
Change
-0.010(0.33%) |
Mkt cap ! $212.6M |
Open | High | Low | Value | Volume |
$3.05 | $3.12 | $3.01 | $489.6K | 159.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3202 | $3.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.04 | 4230 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3202 | 3.020 |
1 | 8873 | 3.010 |
3 | 20913 | 3.000 |
2 | 24 | 2.980 |
3 | 2693 | 2.950 |
Price($) | Vol. | No. |
---|---|---|
3.040 | 4230 | 1 |
3.050 | 2372 | 2 |
3.070 | 387 | 1 |
3.080 | 1620 | 1 |
3.100 | 5012 | 2 |
Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
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AVH (ASX) Chart |