The demand over on our side of the fence is temporarily being well supplied by the EO. $5m volume on the EO over the course of a month or so is not insignificant. No doubt liquidity will resume as normal after the shortfall offer has closed. I think the historic average is around $100k per day volume historically... from memory. I think most of us feel there's usually a bit more active day trading than we'd prefer, but it does provide liquidity as you say, so there is that benefit. I wouldn't worry about it.
The demand over on our side of the fence is temporarily being...
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $24.85M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $31.50K | 1.520M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 6773810 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 453534 | 2 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| LIT (ASX) Chart |