SP moves by supply vs demand.
Today's SP increase just means there was excess demand over supply.
Where did that demand come from? Is the question I'd be curious to ask.
I don't think it was the retail.
Presumably big hands with deep pockets who see current SP as being too cheap for what's to come.
Or could be GG snapping up some more.
In any case an SP increase signals more people want to buy than to sell.
I'm not going to sell a single share until I see approval.
SP moves by supply vs demand.Today's SP increase just means...
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Last
91.5¢ |
Change
0.010(1.10%) |
Mkt cap ! $1.044B | |||
| Open | High | Low | Value | Volume |
| 93.0¢ | 93.5¢ | 90.5¢ | $4.638M | 5.036M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 152669 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.5¢ | 51069 | 3 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| MSB (ASX) Chart |