Spot on with everything you say imho. Interesting trading today. Large sellers appear and then take out the bids to 2.7. Almost immediately the so called blocker ( bids already split to 1.9 2.0 & 2.1) increased the bid to 2.5, 2.6 & 2.7 immediately as they can't see the volume appearing on the sell side to buy in at the required price. Smacks of decent money wanting to invest.. Sell side once again is very thin and by my reckoning and with little resistance (profit takers along the way) 10cents is easily achievable in the very short term. I reiterate one of my previous posts, getting 10mil @ 1.6 would be hard, try getting 10mil @4C. We are now starting to see the real value start to appear.
Spot on with everything you say imho. Interesting trading today....
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Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $559.9M | |||
| Open | High | Low | Value | Volume |
| 12.3¢ | 12.3¢ | 11.5¢ | $105.9K | 882.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 881432 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 519345 | 6 |
View Market Depth
| Last trade - 13.43pm 06/09/2024 (20 minute delay) ? |
| PYC (ASX) Chart |