Broker has pulled bids, retailers are holding the price up, as I see it, for how long though?
If no further broker support appears today we should end up in the red, 2.1/2 my estimate.
This is either allowed to cool off to avoid serious speeding ticket implications or delays in negotiations let broker take a break.
We could also look at possible target sales being reached and no further pre news activities needed, see broker activity posted earlier today on the thread.
Options activity has ebbed down, which should see push into heads easing today.
These are short term observations, trading surrounding this stock could be very volatile in the next days, making predictions extremely difficult.
I would not be game to trade ECT at current levels without management confirmation of Indian partner comments or general shareholder update in the absence of any tripartite news.
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Add ECT (ASX) to my watchlist
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.515M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $19 | 6.283K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
48 | 18728931 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 12658157 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
48 | 18728931 | 0.003 |
19 | 13255353 | 0.002 |
10 | 17300024 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 12658157 | 23 |
0.005 | 4429631 | 26 |
0.006 | 5239567 | 10 |
0.007 | 1118334 | 6 |
0.008 | 332213 | 4 |
Last trade - 15.45pm 11/07/2024 (20 minute delay) ? |
Featured News
ECT (ASX) Chart |