agree. The real commitment is a few million dollars around 10-11c - if that occurs then the games are over and the real buyers have arrived.
8.5c will just be a signal that an assault on 10/11c is very likely - it will only take 300-500k to bust it through that level and that is well within the grasp of game players and day traders (as a group).
Investors are required to see the real move we are looking for but it is comforting to see the current consistent demand - if it turns our to be overseas investors who have picked up on the story from a recent trip then we can get back into the TO speculation but we won't know for a few weeks and it is low probability.
big buy, page-6
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Last
2.1¢ |
Change
-0.001(3.67%) |
Mkt cap ! $52.28M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.1¢ | $7.812K | 349.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 828094 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 1102151 | 4 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ADO (ASX) Chart |