Looks like it could reach 4.2 cents without too much effort. The big surge in volume could actually be a cohort trying to pump it and get day traders involved. The volume traded is still not very high, roughly $2.9 million today, so to pour in say a few hundred grand to get the ball rolling would not be a big deal for some underhanded cohorts looking to P&D. However, if you've been buying consistently over 5 days, your average price will probably be 2.6 cents, and it wouldn't pay to have to sell now. You would actually end up losing money.
The other possiblity is a leakage of a big announcement.
We will find out next week I expect.
Looks like it could reach 4.2 cents without too much effort. The...
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 (20min delay)
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Last
74.5¢ |
Change
-0.005(0.67%) |
Mkt cap ! $162.5M | |||
| Open | High | Low | Value | Volume |
| 74.5¢ | 74.5¢ | 74.5¢ | $1.619K | 2.173K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12802 | 70.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 17827 | 1 |
View Market Depth
| Last trade - 15.38pm 11/09/2025 (20 minute delay) ? |
| SOM (ASX) Chart |