Yeah, have been wondering if this narrow trading range is an indicator of accumulation or distribution.
It seems fairly controlled by the market maker/s. The wait for results is a test of patience for all holders and the vacuum gives those who think they know the outcome of this round of drilling a great opportunity to increase or bale. I can appreciate that without any other information, each holder must decide if they trust current management or if the leopard has not changed his spots!
I could guess what Cotts or Koozy believe but am interested in what other less polarised holders may think?!
Ann: Cobar Gold - assays pending and drilling resuming, page-7
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Last
0.3¢ |
Change
-0.001(16.7%) |
Mkt cap ! $8.160M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $86 | 33.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 81 | 181057554 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 14685115 | 5 |
View Market Depth
| Last trade - 13.10pm 29/07/2024 (20 minute delay) ? |
| HLX (ASX) Chart |