BOT is a speculative stock. They don't have any products and there are no guarantees they ever will.
The sp movement is purely people getting in on the excitement when they think there's a chance of a quick 10¢ or 20¢ rise from a flurry of news that they can make money on.
When that doesn't materialise they bail out and head off elsewhere. Then it's just the long term peeps left, mostly. Some stay, some go, some take coin out to put it somewhere else, fed up with the wait.
There is no sense to be made of SP action, this is a loooooong play. My advice would be ensure you're average position is tight and low and stop watching it every day. Nothing will happen for a while.
Juat like most things, we will need a bit of luck, too.
Bot Chart, page-4872
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Last
33.0¢ |
Change
0.020(6.45%) |
Mkt cap ! $519.7M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 33.5¢ | 30.5¢ | $2.848M | 8.878M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24615 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 105525 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
33.0¢ |
Change
0.020 ( 6.73 %) |
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| Open | High | Low | Volume | ||
| 31.0¢ | 33.5¢ | 30.8¢ | 3931977 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| BOT (ASX) Chart |