The main problem causing the SP fluctuations is the low volume. So, the same person can buy 10k shares, thus lifting the SP up a bit and sell them 30 min later, making a little plus..simple daytrading.
Although with this share it’s a bit weird, why someone would sell far under the current worth and actually make a minus.
I am waiting for the day, when more institutional traders will get in to stabilize the SP. The more volume, the less fluctuations during a time with no news.
The main problem causing the SP fluctuations is the low volume....
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Last
22.3¢ |
Change
0.003(1.14%) |
Mkt cap ! $48.93M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.0¢ | $6.632K | 29.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 149833 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 1722 | 1 |
View Market Depth
| Last trade - 15.43pm 09/08/2024 (20 minute delay) ? |
| E25 (ASX) Chart |