BSX 0.00% 4.0¢ blackstone minerals limited

I'm pretty unsoph at charts but i do find it useful - The drop...

  1. 1,714 Posts.
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    I'm pretty unsoph at charts but i do find it useful - The drop surprised -posts have focused on delay which i question as being the biggest contributor to the drop. Ignoring my own, on balance less serious gripes on BSX, being the lack of traction on the OTC and a board that needs a deeper tilt away from exploration, I wonder if the ugliness is simply a function of volume - we not only have more shares on issue since Nov, Dec but the volumes indicate BSX has become highly traded, which will only keep it being a volatile stock. However volumes had been increasing since Jul/Aug21 and supporting a nice upward trend. The decline from high down to the trendline looks fine, but this punch downwards below the Fib 38 has arose either because it was intentional, or simply due to sheer volume which is noticeably higher Jan, Feb'22 anyway
    https://hotcopper.com.au/data/attachments/4101/4101384-252feb2f49aec9bd7fce9924c180c5a9.jpg
    It gives me more assurance about fundamentals, but will make it harder to raise later on with any continuity volatility driven by volume by short termers.
 
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4.0¢
Change
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Mkt cap ! $21.05M
Open High Low Value Volume
4.0¢ 4.0¢ 3.7¢ $33.76K 873.8K

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No. Vol. Price($)
1 75000 3.7¢
 

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Price($) Vol. No.
4.0¢ 32752 1
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Last trade - 15.57pm 25/07/2024 (20 minute delay) ?
BSX (ASX) Chart
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