@1sharetrader1
It will be interesting to see what happens. The presence of many centre point trades (cx) is not neccesarily a good thing. It means that people are trying to get the highest or lowest price they can to sell or buy respectively. Since the share price has already increased from the lows where people had ample opportunity to buy, then in this case the sellers are trying to guess the high and get out at the best possible price which was 10.25c earlier today. This is because they thought they wouldn't see 10.5c on the bid side again. I'm not sure if I've explained it properly but this is what I think.
I'm familiar with it because I've used Centre point myself a few times to try and get a swing trend high or low.
@1sharetrader1It will be interesting to see what happens. The...
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Last
12.5¢ |
Change
0.015(13.6%) |
Mkt cap ! $161.0M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 11.3¢ | $234.9K | 1.963M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 286458 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 938553 | 11 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.015 ( 13.6 %) |
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| Open | High | Low | Volume | ||
| 11.3¢ | 12.5¢ | 11.0¢ | 1221669 | ||
| Last updated 15.53pm 03/05/2024 ? | |||||
| ASN (ASX) Chart |