Consolidation would eventually do good in current situation. People feel that .002 is too much and .001 is too less. That was until last week. Those who wants to leave, would give them option with the price in between if they choose to do so and same with the new buyers. It may continue to do same in between .002 and .003 going forward.
VEC was quick to consolidate when it was in similar situation and so did CCZ from memory. It turned out to be good for them. Fundament also needs to be timed so that if it improves, there is a positive price trend. And obviously, if it is not good it gives room to fall back down.
Consolidation would eventually do good in current situation....
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $21.98M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $3.704K | 163.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1620311 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1300474 | 6 |
View Market Depth
| Last trade - 10.09am 03/05/2024 (20 minute delay) ? |
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Last
2.1¢ |
Change
0.001 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.2¢ | 2.1¢ | 60056 | ||
| Last updated 14.43pm 03/05/2024 ? | |||||
| TMS (ASX) Chart |