Investors get the benefit when short term penny traders play pass the parcel on the way up. But the flip side is profit taking and stop losses on the way down. It's not being shorted and no major holding announcements so it's institutional traders trying to make some small pennies and most are failing. Can easily move $300-500k in and out where most will be struggling to meet their quotas for end of quarter bonuses. Not sure how long they will be in the market - thats why I pay little attention - major date for investors is AGM what institutional penny traders do in between is out of our control.
APX Charts, page-924
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 (20min delay)
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Last
47.0¢ |
Change
-0.020(4.08%) |
Mkt cap ! $104.5M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.5¢ | 47.0¢ | $1.169M | 2.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 119772 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 2110 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| APX (ASX) Chart |