We saw very similar price/market action occurring 22-28 November around the 6c level before the run to mid 8's.
I suspect a similar run may occur shortly.
Most holders have seen this pathetic manipulation occur before so its no real shock, the key is that theres simply no genuine volume occurring at this level. As such to get a decent line of stock this will need to be taken higher. Whether it breaks 8.5c will probably depend on the markets belief on whether a deal is imminent or not. Volumes and price action then will be telling.
All IMHO only
Good luck to holders
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We saw very similar price/market action occurring 22-28 November...
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Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $54.31M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.2¢ | $40.20K | 1.786M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 386453 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 248196 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 386453 | 0.022 |
3 | 187216 | 0.021 |
10 | 946809 | 0.020 |
5 | 624605 | 0.019 |
9 | 2336112 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 248196 | 1 |
0.024 | 374392 | 3 |
0.025 | 1138770 | 9 |
0.026 | 800000 | 1 |
0.027 | 250000 | 1 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
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ADO (ASX) Chart |