FAR 2.20% 46.5¢ far limited

Digressing, but IMO human nature will result in the...

  1. 5,040 Posts.
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    Digressing, but IMO human nature will result in the disillusioned holders placing a significant volume for sale at market prior to the open, while the opportunistic bargain hunters will place a lot of buy orders which will result in an open price significantly below $1.10. Following the open rush the more patient will assess whether or not to sell or buy at the price where it stabilises. It will oscillate a bit, and the day one chart will look like an underdamped step response function. Sample image below, obviously not the right units on the axes.

    https://hotcopper.com.au/data/attachments/3376/3376429-25bcee08ee866da3650e9264b064296f.jpg

    For anyone wanting to minute-trade the action on open (I will not be, just holding and watching) my tip is to buy at market on open, and sell into the first dip after the initial rise.
 
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Last
46.5¢
Change
0.010(2.20%)
Mkt cap ! $42.97M
Open High Low Value Volume
45.5¢ 47.0¢ 45.5¢ $116.3K 247.8K

Buyers (Bids)

No. Vol. Price($)
1 22574 46.5¢
 

Sellers (Offers)

Price($) Vol. No.
48.0¢ 10000 1
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Last trade - 15.00pm 17/09/2024 (20 minute delay) ?
FAR (ASX) Chart
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