There was no shortage of sellers during the last spike because so many were holding shares that bought at less than 10 cents. This time it will be different. Many holders bought above 30 cents. If some US investors want to buy millions of shares on ASX tomorrow , price has to go close to 50 cents. That is my thinking any way.
There was no shortage of sellers during the last spike because...
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Last
10.0¢ |
Change
-0.003(2.44%) |
Mkt cap ! $22.79M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.5¢ | $67.47K | 683.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 110000 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 47619 | 1 |
View Market Depth
| Last trade - 15.44pm 30/08/2024 (20 minute delay) ? |
| IMC (ASX) Chart |