Hi funkymonk63. The general markets are in a flap and no-one has been spared today lol. As you point out big difference in volume comparing the 16th and today so today is not convincing weakness imo. That said the recent downtrend began from October4 and while it appears to have bottomed at 13c the prospect of recovery not looking too flash just at the moment. Kbear1s view that we should get ICS data before years end may help if correct. In the meantime we ride the wave wherever it takes us lol.
Lets hope the worst case scenario is a consolidation phase pending something to attract more positive sentiment and BUYERS. Smaller percentage whipsaw moves are imo likely until there is cause for a breakout. We should have broken out on the interim results but it went the other way lol. Matthew and his team will surely awaken the market to the potential. just my speculation.
cheers
Hi funkymonk63. The general markets are in a flap and no-one has...
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Last
34.0¢ |
Change
0.005(1.49%) |
Mkt cap ! $493.8M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.0¢ | 33.0¢ | $1.233M | 3.670M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 484808 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 52319 | 5 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| IMM (ASX) Chart |