The less shares can be traded with more Long term buyers, supply demand will skyrocket the price
You see this sometimes are a stock gets published in the paper or institutions but up the stock to try and be assigned the cap raise or a wesfarmer, Minres etc buying a percentage to try and do a takeover bid
if the LT buyers stop for a few days, weeks and there is no trades, that's when the short term traders manipulate the price to try to make a profit which is crap, I don't think this will happen because of the amount of daily long holders entering he stock with such short supply
as he price increases the more news it gets in the media and it feeds off itself as long as positive results keep coming from the drill rig
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Last
12.0¢ |
Change
-0.015(11.1%) |
Mkt cap ! $8.532M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 12.0¢ | $11.68K | 89.63K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 37578 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 7116 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37578 | 0.120 |
2 | 30347 | 0.115 |
2 | 20500 | 0.110 |
1 | 23809 | 0.105 |
1 | 3000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 7116 | 2 |
0.145 | 20671 | 1 |
0.150 | 12100 | 2 |
0.175 | 51840 | 1 |
0.180 | 122557 | 4 |
Last trade - 15.01pm 05/09/2024 (20 minute delay) ? |
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