Take a look at the volume over the last 2 weeks. Very, very low. In some cases less than 5% of average. The average daily volume was up over 500,000 shares per day. Now, it is only 412,000. That is a huge drop in volume in just 2 weeks. Today, only less than 8000 shares have traded, as I write this post.
NOBODY wants to sell at these prices. Forget about getting a large lot of shares, it's not going to happen. Sure, a few bottom seekers are getting a few shares, but that's it.
Be patient, if you can, until the drill results come back.
If good, Falcon will surpass 40¢ again, and prob.ably higher.
Most shares are in strong hands. It might not seem like it, but this low volume at these prices is very bullish. This stock just needs an excuse to pop.
And it will.
If you can, stay the course. You'll be happy if you do.
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Take a look at the volume over the last 2 weeks. Very, very low....
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Last
31.5¢ |
Change
-0.020(5.97%) |
Mkt cap ! $55.75M |
Open | High | Low | Value | Volume |
32.5¢ | 33.0¢ | 31.0¢ | $20.31K | 64.22K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1783 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 29546 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1783 | 0.310 |
1 | 47000 | 0.300 |
1 | 45000 | 0.295 |
1 | 36000 | 0.275 |
2 | 23705 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.330 | 43907 | 1 |
0.340 | 68146 | 1 |
0.345 | 68677 | 3 |
0.350 | 105851 | 3 |
0.355 | 9800 | 1 |
Last trade - 15.49pm 25/07/2024 (20 minute delay) ? |
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FAL (ASX) Chart |