from looking at the course of sales over the last couple of weeks it appears to me we have a motivated seller offloading large parcels into any strength/support. There has been a notable absense of short-selling during this period so I'm guessing it's a simple sell-out taking place right now.
sp is back to pre-viking announcement (June 1st) and I suppose it's possible we could see further weakness ahead but it seems to me there is more reward than risk ahead for holders right now.
Ann: MOA Signed with Viking Energy - SC54A , page-43
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Last
90.0¢ |
Change
0.020(2.27%) |
Mkt cap ! $205.2M | |||
| Open | High | Low | Value | Volume |
| 89.0¢ | 90.0¢ | 88.0¢ | $76.98K | 86.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 88.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 13376 | 1 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| NDO (ASX) Chart |