Everyone is focused on the price action.But the price doesn't...

  1. 2,804 Posts.
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    Everyone is focused on the price action.

    But the price doesn't mean anything, what matters is volume. When volume dries up you *must* sell at a lower price than actual value.

    People are buying in great droves at the moment - we're already at 1.4m in purchases today, which is 2.8% of the entire company. But there are a limited number of shares that can be sold for a profit at this price point. Do you think 20 million shares went today for a loss? I don't think so.
 
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(20min delay)
Last
0.2¢
Change
-0.001(20.0%)
Mkt cap ! $6.011M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $12.38K 6.094M

Buyers (Bids)

No. Vol. Price($)
122 100248009 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 45713681 51
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
OVT (ASX) Chart
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