With the deep pockets of the new investors, I think they will want more shares to make it worth their while. No CR's in sight, so they will need to buy on market. If there are more eyes on the company and the fundamentals are looking more positive, the ability to only buy on weakness will be limited. Thus there should be a floor here which will allow traders to buy with more confidence, further adding demand for shares.
Chart, page-5562
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $129.7M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $15.22K | 123.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 175663 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 23084 | 1 |
View Market Depth
| Last trade - 15.54pm 12/07/2024 (20 minute delay) ? |
| FLC (ASX) Chart |