Selling at this price on volumes traded indicate an exit by private investor/s. Not unusual when the envisaged time-frame for tying up funds exceeds that which was expected when a decision to invest was made.
The Institutions appear to be sitting tight and volumes being traded indicate nothing untoward.
Demand for gas is increasing with us having bagged a substantial amount – only ‘time’ between now and the end game in whatever shape that materializes.
As always ‘patience' is the name of the game.
Ann: Mahalo Gas Project Production Testing Update, page-15
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $182.7M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $202.5K | 1.232M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 202716 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 270000 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| COI (ASX) Chart |