Not necessarily so - Volume creates demand. If no-one sold low it would look stagnet. An increase in volume, wether from traders or investors is a key indicator for others to take positions. The difference between IMU being .038 now and what the price will be in weeks or months is irrelevant. It is only relevant to the traders who are getting in and out; in a sense they are doing any 'perceived injustice' to themself, not to the investors.The fantastic thing here is this announcement is a bonus, it wasn't on the list of upcoming events. We are still awaiting IND for PD1-VAXX. Perhaps wishful thinking, but we could be underestimating how heavy the news flow will be in the next couple of weeks.
Not necessarily so - Volume creates demand. If no-one sold low...
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Last
5.6¢ |
Change
-0.003(5.08%) |
Mkt cap ! $411.5M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 5.9¢ | 5.5¢ | $2.898M | 51.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 4186955 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 337877 | 2 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| IMU (ASX) Chart |