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
2.0¢ |
Change
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Mkt cap ! $49.79M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $3.965K | 195.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1417631 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 95237 | 1 |
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| ADO (ASX) Chart |