Yes, I reckon it was a buyer trying to shake weak hands out and it worked, briefly trading at 6.6c, although solid buying (over 8m) throughout the day, has soaked up all comers and its trading at 7.2c as I write.
Clearly suggests to me that under 7c (below) recent $3.7m placement, looks to be considered very good buying by some
Chart Action, page-11
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 (20min delay)
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Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $56.11M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.7¢ | 3.2¢ | $42.46K | 1.188M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 432841 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 474507 | 2 |
View Market Depth
| Last trade - 12.12pm 08/05/2024 (20 minute delay) ? |
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Last
3.5¢ |
Change
0.001 ( 6.06 %) |
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| Open | High | Low | Volume | ||
| 3.6¢ | 3.7¢ | 3.4¢ | 297695 | ||
| Last updated 13.08pm 08/05/2024 ? | |||||
| ZEO (ASX) Chart |