A retrace to the 8 cent range is always possible with a stock like ASN due to the control trader brokers have had over this stock, but I see that being unlikely due to the current trading pattern and the unusual high amount of cross trades at 10.25 cents, it appears to me that the sellers that dumped this at 11 cents to 9.8 cents are getting desperate in trying to get them shares back.
IM expecting a run to the high side very soon with 17 cents coming very quickly or at least by the end of the month.
I think many will get this wrong as important milestone news drops catching out those who have sold.
A retrace to the 8 cent range is always possible with a stock...
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Last
10.3¢ |
Change
-0.003(2.38%) |
Mkt cap ! $132.2M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.3¢ | 10.0¢ | $135.3K | 1.277M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 798186 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1099128 | 6 |
View Market Depth
| Last trade - 13.01pm 25/06/2024 (20 minute delay) ? |
| ASN (ASX) Chart |