Here's a figure for you 4,836,599,179.
That's the number of shares on issue. That means approx. 4,829,995,860 of those shares didn't get traded today.
0.136% of the companies shares that were traded today resulted in the companies market cap dropping by over 10%
I'll start getting worried when the traded volume is closer to 5% ie over 240 million shares being traded per day.
A bit of perspective can go a long way. Not saying that it's going to be smooth sailing from here on in but a fraction of a percent of shares being trade is hardly investors running for the hills.
Just my two bobs worth.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.50M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $177 | 58.84K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 2542387 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 6706487 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 2542387 | 0.003 |
22 | 18593937 | 0.002 |
13 | 51034527 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 6706487 | 12 |
0.005 | 3518963 | 11 |
0.006 | 1118347 | 5 |
0.007 | 900000 | 2 |
0.008 | 300000 | 1 |
Last trade - 14.59pm 25/07/2024 (20 minute delay) ? |
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