AUZ 6.25% 0.8¢ australian mines limited

The last week's trading action saw a colossal gap down from 2.6...

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    The last week's trading action saw a colossal gap down from 2.6 cents to 2.0 cents. The change was so dramatic that it caused the 50-day moving average (blue line) to start reversing downward:

    https://hotcopper.com.au/data/attachments/1805/1805068-89052f2e25faef79f872f22b80ea85d5.jpg

    The monthly charts suggests the price is revisiting the support level of $0.018 that existed during May-August:

    https://hotcopper.com.au/data/attachments/1805/1805075-d4e5a81fa97e6fd0b93f0c094cddb01a.jpg

    When Friday's announcement was issued, the 5-minute chart shows that 5-10 minutes into trading, the price actually rose from $0.018 to $0.021. Five minutes later, it hit $0.021 again, but then oscillated between $0.019 and $0.02 for the rest of the day (on much smaller volumes):

    https://hotcopper.com.au/data/attachments/1805/1805086-6c81083b2f8859d47f932d73379dba9e.jpg
 
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(20min delay)
Last
0.8¢
Change
-0.001(6.25%)
Mkt cap ! $10.48M
Open High Low Value Volume
0.7¢ 0.8¢ 0.7¢ $7.069K 988.8K

Buyers (Bids)

No. Vol. Price($)
40 11334814 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 981944 12
View Market Depth
Last trade - 15.38pm 28/06/2024 (20 minute delay) ?
AUZ (ASX) Chart
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