It was going really cheap six months back.
Someone took a punt and accumulated 150k worth of oppies at around .11-.13c mark
come october bang 1 million dollars worth.
IMO this entity decided to hold for the "next leg up" or till december.
Problem Oppies not liquid. Converts to heads (couple of days ago). And start selling out. The selling causes others to follow suit.
I think its a valid scenario.
dropping price, page-156
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Last
39.5¢ |
Change
0.005(1.28%) |
Mkt cap ! $164.5M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 39.5¢ | 38.0¢ | $98.70K | 253.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22879 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 52447 | 4 |
View Market Depth
| Last trade - 10.35am 30/08/2024 (20 minute delay) ? |
| VYS (ASX) Chart |