I get the feeling that this is going to test the lower trend line at about 2.9 to 3c. Buyers have gone into hiding while waiting to see what's actually in this MRE.
The XAO down 5% in a bit over a week also doesn't help with wider market sentiment. The XGD down almost 9% in the same time.
If you are longer term here then it will be a good top up opportunity IMO. Unless the MRE is absolutely outstanding then I expect the market to shrug it off and keep oscillating in this channel.
ASR - Chart, page-172
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Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $12.21M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $21.12K | 3.502M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1578534 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 14148534 | 13 |
View Market Depth
| Last trade - 15.13pm 12/07/2024 (20 minute delay) ? |
| ASR (ASX) Chart |