Very strange as the SP seems to be continuing to fall with decent volume. Fidelity getting onboard @ $1.30 has changed the SP dynamics.
Maybe traders were expecting the SP to fly 200-300% upon release of Covid trials which didn't happen & they bailed. Add the $1.30 CR to the mix & more bailed. It has created a downward spiral looking to bottom out at $1 or so.
SP has retraced to 62.8% after a big run from 25-30c to $1.68 in 5 months so I think this is normal. SP is still up 300-400% & need's a breather before the next big run.
Good time to top up or enter.
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Last
31.0¢ |
Change
0.010(3.33%) |
Mkt cap ! $89.39M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 32.0¢ | 30.0¢ | $25.76K | 82.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13550 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 18938 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| RCE (ASX) Chart |