sorry, I apologize for not elaborating on my thought process. In my excitement, I forgot there are a few amongst us who don't get the obvious. Like they say common sense is not so common.
if there are fewer sellers and more buyers then it indicates there is more demand than supply. higher demand drives up the price.
therefore we are hoping the SP will go up because there is currently high demand (buy orders) and lower supply (sell orders).
SP going up is a good thing for me and most of the holders.
however, there are a handful of very smart investors like you who might believe otherwise based on their vast experience.
Please enlighten us with your opinion on why going up from 0.008 to 0.014 within 2 weeks is a bad thing for shareholders and why fewer sellers is a catastrophe for us.
sorry, I apologize for not elaborating on my thought process. In...
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $16.81M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.0¢ | $4.788K | 441.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 528295 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 2326118 | 6 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| KRR (ASX) Chart |