FAR 1.02% 48.5¢ far limited

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

  1. 5,060 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
48.5¢
Change
-0.005(1.02%)
Mkt cap ! $44.81M
Open High Low Value Volume
48.5¢ 48.5¢ 48.5¢ $4.85K 10K

Buyers (Bids)

No. Vol. Price($)
1 31741 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 200000 1
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Last trade - 10.04am 07/10/2024 (20 minute delay) ?
FAR (ASX) Chart
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