This kind of volume and rapid share price movement is nothing more than an overreaction to a Alita going into VA and Receivership. Combine this with poor overall lithium sentiment, inexperienced investors investing far to much in one sector/or one stock and panic.
Day traders paradise, much of the volume would have been traders buying and selling and making a motsa. The only way to beat them is to not play their game.
Having said that I am sure that I would not be able to convince you as clearly you have already made up you mind.
Cheers
Newbie Thomas
This kind of volume and rapid share price movement is nothing...
Add 1MC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $3.621K | 1.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 121 | 181496973 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 20055545 | 43 |
| Last trade - 15.53pm 04/07/2024 (20 minute delay) ? |
| 1MC (ASX) Chart |
Day chart unavailable