I've been finding of late, that these momentum trades tend to go a lot further than they should. A self reinforcing effect where the higher share price allows more insto's to get involved (many don't look below 100mil), then you start getting people looking to play for the index inclusion for the all ords etc.
I'm not selling but it's probably not a buy anymore on fundamentals.
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8.3¢

I've been finding of late, that these momentum trades tend to go...
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Last
8.3¢ |
Change
-0.001(1.19%) |
Mkt cap ! $120.2M |
Open | High | Low | Value | Volume |
8.4¢ | 8.4¢ | 8.3¢ | $110.6K | 1.327M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1125246 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 2758887 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1125246 | 0.083 |
4 | 2366528 | 0.082 |
2 | 760300 | 0.081 |
2 | 850000 | 0.080 |
2 | 706300 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 2758887 | 5 |
0.085 | 1803954 | 13 |
0.086 | 2406398 | 8 |
0.087 | 826175 | 6 |
0.088 | 3211375 | 5 |
Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
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CODEIFAI LIMITED
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John Houston / Martin Ross
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