Try and explain that to people who love to speculate and blindly follow. Sophisticated investors bought in at 50c, quick pump after open to ~80c, that'll bring their profit to 50-60%. At that point they will sell for the NO EFFORT profit, push the price down and buy in again.
Ann: Response to ASX Aware Query, page-123
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Last
0.5¢ |
Change
-0.002(28.6%) |
Mkt cap ! $6.200M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.5¢ | $104.4K | 20.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 11183377 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 998724 | 2 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| OVT (ASX) Chart |