I agree few things with you that most if not all are my assumptions. SP drops can occur only when these "assumptions" occur.
These characters will have million accounts to play around. Nothing is obvious. If those many funds hold, they generally support at the market. Try selling a decent stock, holders flock and grab them. Only when some sell with no support, price drops. I wish, including for my sake, this is a nugget in the making. I still believe, unless some one lobs a takeover or merger, this is doomsday story. They will belled slow and steady. Rate of decline does support my beliefs too. If and when it drops to around 1c I will add and average down hoping to get out +ve. That will be mighty average down in history. I see that happening in the near future.
More will play out when the come with a begging bowl soon for top up. Lets see
In my books this belongs to crooks story and worse than Nigerian email scams. At least poor do it, in most cases. Here those who have plenty are dishonest.
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $13.59M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.6¢ | $16.36K | 2.299M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3445735 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 2666733 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3445735 | 0.007 |
14 | 5499124 | 0.006 |
7 | 3199800 | 0.005 |
1 | 500000 | 0.004 |
3 | 5868333 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 2666733 | 10 |
0.009 | 3750000 | 3 |
0.010 | 5927980 | 8 |
0.011 | 2664302 | 5 |
0.012 | 2168768 | 5 |
Last trade - 13.28pm 24/06/2025 (20 minute delay) ? |
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W2V (ASX) Chart |