ASK appears to be in extremely troubled waters hereWe see a DEATH STAR type candle here.
Friday last week saw a major exiting of the stock. Almost $96M was dumped!
I took the entire weekend researching this and have been quite appalled....
Reason being I have seen 100 IPO's since 2017, and I don't recall ANY that had ZERO shares under escrow.
The entire 1B+ shares, the majority is owned by institutions and banks.
Seeing as though cheap shares were issued at around the 47c level according to the Prospectus, with an IPO pricing of $1.43 it's done nothing but continually sell down.
I think someone has just lost the status of Substantial Holder and seized to be on the board. In due time I believe we will see an announcement highlighting this.
Below are my thoughts attached on the chart being daily and hourly. GLTAHz. I suspect a new 52wk low coming, a test of $1...May continue to slide down to 47c as per IPO Papers. DYOR as I have and formulate a plan accordingly.
SENTIMENT = SELLLLLLL
POSITION = HELD
ASK Charting Thread
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Last
$1.33 |
Change
0.035(2.70%) |
Mkt cap ! $1.747B |
Open | High | Low | Value | Volume |
$1.28 | $1.33 | $1.25 | $2.227M | 1.704M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5034 | $1.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.33 | 45381 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1058 | 1.290 |
1 | 1058 | 1.285 |
1 | 1058 | 1.280 |
1 | 1058 | 1.275 |
1 | 1058 | 1.270 |
Price($) | Vol. | No. |
---|---|---|
1.340 | 13828 | 1 |
1.350 | 13300 | 1 |
1.360 | 1059 | 2 |
1.365 | 1058 | 1 |
1.390 | 24412 | 2 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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ASK (ASX) Chart |