Hi Chillaxed - long time no see - good to see you're still strong on the fundamentals of the company.
Before I say this, I'm going to disclose that, as a long term holder, I have full confidence in our CEO and the company to do right by their shareholders. But there are two thoughts I'd like to pass off as fact here, and this coincides with what Chillaxed has said, re: the timing of this jump so close to seismic results:
1. Companies will never admit to holding undisclosed market sensitive information in ASX price queries, as this would make them liable for a world of hurt.
2. Stocks that recover due to political and other extraneous variables...generally do this 1 percent at a time...not 20% in one day. London didn't suddenly decide everything is going to be okay with this stock. We'd have seen this "recovery" much sooner after the Brexit results.
Make of that what you will...but in my mind there are two possible explanations for this...1. a steady and large acquisition by an investor with a lot of backing (possible pump and dump too)...or...2. some people have gotten wind of some good news about the company. Optimistic Birds is siding with the latter for now.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $4.994K | 1.908M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
231 | 235943290 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 596780288 | 209 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
231 | 235943290 | 0.002 |
205 | 876815517 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 576780288 | 208 |
0.004 | 299261876 | 118 |
0.005 | 103253051 | 56 |
0.006 | 31219656 | 30 |
0.007 | 73691083 | 22 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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