The market depth is no surprise, with strong bidding at 10C being the last of the 0.1C increment from this level. If it does not hold you could see a further drop as traders may try to protect their short term profits. Our major index has been very ordinary this week going into rate decision. Probably front running the anticipation of no further rate stimulus this month.
The major miners are all in retreat as a sentiment gauge so I don't expect mining sector to be glowing for sometime. It will be interesting to see any behind the scenes anticipating ML and the crucial funding of capex.
The market depth is no surprise, with strong bidding at 10C...
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $5.500M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.4¢ | 0.2¢ | $18.36K | 6.397M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4577362 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 31208333 | 9 |
View Market Depth
| Last trade - 15.59pm 04/10/2024 (20 minute delay) ? |
| IBG (ASX) Chart |