Given the market depth (on both sides) is very skinny and there is an air of anticipation re both the financials and possible merger talks, this is one stock to simply bhold until confirmation (one way or the other) is received.
To me it seems the smart money is holding on as the recent price action has come about as a result of small volumes and does not look like wholesale accumulation or distribution.
My money is on a bounce back towards its recent highs, but time will tell.
I hold and continue to accumulate.
ATC - for TA's, page-4
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Last
5.2¢ |
Change
-0.001(1.89%) |
Mkt cap ! $88.95M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.3¢ | 5.1¢ | $54.15K | 1.033M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1638844 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 64285 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ATC (ASX) Chart |