this is why it is so hard for the everyday retail holder to get in at the lows ...
while the average retail holder would be selling (or at least considering selling) due to the lack of announcements, the share price decides to jump 60% in a couple of weeks because some institutions decided to load up on the stock.
two years of insto selling defying fundamentals... now they have decided to buy after doing their DD.
when there is this type of buying, and you have your shares on hand... clearly the best thing to do is nothing... but the fingers get itchy and buttons get pressed, which usually ends in regret when selling into what looks to be the foot of a strong uptrend.
Chart, page-6372
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Last
9.7¢ |
Change
-0.003(3.00%) |
Mkt cap ! $104.8M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.7¢ | $27.32K | 275.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14999 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.15pm 02/08/2024 (20 minute delay) ? |
| FLC (ASX) Chart |