It was inevitably going to selloff from that .55c high .
We all know that when a company comes out with exceptional grades everybody rushes in .
Turnover is through the roof ......WPG recently was a classic example.
And then reality sets in.....buyers are exhausted and those who bought no longer have the patience to hold It then fast comes under selling pressure as everybody wants to get out with a profit .
It is nothing more or less than human nature ....manic buying followed by panic selling.
Oscarwild ...what is it that brings about more buyers than sellers other than material news which excites the market.
Look forward to your explanation.
And if you think that a company with income is a guaranteed formula think again ...they too can drift .
The market is designed with a definite negative bias....again human nature, everybody wants to buy at a cheaper price
Once ARV have Radio Hill up and running the market will begin to re rate the stock.
Until then news will create little more than a blip.
And while the US markets last session was dominated by buyers and was a positive it is no guarantee that the same will be true of the next session .
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.00M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $301 | 25.12K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 4821136 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 2837762 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 4821136 | 0.012 |
11 | 4785345 | 0.011 |
18 | 8700992 | 0.010 |
5 | 2099999 | 0.009 |
5 | 1837745 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 2837762 | 2 |
0.014 | 704940 | 4 |
0.015 | 1744999 | 6 |
0.016 | 1413780 | 8 |
0.017 | 1965016 | 9 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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ARV (ASX) Chart |