To be fair, hardly any volume has been going through. Average daily volume through ASX this past month has been a measly 147k. OZM is highly illiquid with a wide buy/sell spread. So even if you wanted to exit with say a standard 100k parcel, you really can't without sending the price down at least 20%. Currently, the bottom seems to be in at about 0.04 and it has trouble staying over 0.06. So if we ever get upside, resistance I see is at 0.06, 0.08 and 0.10. Hopefully if we ever get back over 0.10, I'm sure the traders will then run it back up to 0.20 like last time. I can't see it staying at or getting over 0.20 without a positive market release of substance. In this market environment, for an explorer to hold a $40-$50m market cap, it really needs to be along the way to decent discovery.
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Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.715M |
Open | High | Low | Value | Volume |
3.6¢ | 3.6¢ | 3.6¢ | $14.24K | 395.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 578 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 3718 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 578 | 0.035 |
2 | 24000 | 0.032 |
1 | 600000 | 0.031 |
1 | 50000 | 0.029 |
1 | 25000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 3718 | 1 |
0.044 | 75000 | 1 |
0.048 | 14428 | 1 |
0.049 | 238095 | 1 |
0.051 | 100000 | 1 |
Last trade - 14.40pm 10/09/2024 (20 minute delay) ? |
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OZM (ASX) Chart |