It looks to be down on minimal volume, so my assumption is - almost no buying demand to keep the price up.
Anybody here motivated to buy at the moment? If not, that's the reason.
The market cap is very low ($13m, with some amount of options likely to be converted), meaning that not many people see profit or positive news likely any time soon.
There was big volume for 2 months - April-May. Was their company promotion ongoing at that time (along with interesting news)? Buying demand dried up since then.
It looks to be down on minimal volume, so my assumption is -...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.895M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1093285 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 350000 | 1 |
View Market Depth
| Last trade - 16.12pm 30/08/2024 (20 minute delay) ? |
| FIN (ASX) Chart |
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