Mate, you can not use a 30 day Vwap because a material event occurred that added value. Bullion fx.
Tnr traded 4 days from that news, two days high 6.5 and two days high 5.8 and closed on the 5.8 High on Friday.
The chart was bullish for a shift over 6c this week and cap was still sub 45m. That is what the market valued tnr at, not 4.2c.
And now 5c with sub 1m buyers. We had plus 10m buyers on Friday after close.
The market by its reaction and dump clearly says it disagrees with the deal.
Ann: Trading Halt, page-174
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.64M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $14.25K | 2.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 8211111 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 341327 | 2 |
View Market Depth
| Last trade - 15.36pm 31/05/2024 (20 minute delay) ? |
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Last
0.7¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.7¢ | 0.8¢ | 0.7¢ | 3000000 | ||
| Last updated 15.36pm 31/05/2024 ? | |||||
| ASR (ASX) Chart |