I'm not expecting news. As we saw yesterday more than 8 million shares changed hands. There was never that many buyers listed on the buy side. The inference is that buyers are waiting off screen. No one wants to catch a falling knife. The best was to tell the bottom is when the price turns. My guess is that buyers watching off screen have seen the sentiment change and jumped in.
I expect some of those machine traders who have been net buyers as the price dropped will start to sell into the strength and make an easy 10%. The SP has been in the control of traders for weeks, and as long as volumes are weak they'll keep control. Expect more selling to push price down, accumulate a few million, then sell as the price strengthens.
Hopefully people can switch off and ignore the daily noise.
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $119.0M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $26.06K | 250.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 2114856 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 239942 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 2114856 | 0.100 |
4 | 90500 | 0.099 |
2 | 11020 | 0.098 |
1 | 30935 | 0.097 |
2 | 50207 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 239942 | 12 |
0.110 | 158571 | 8 |
0.115 | 184904 | 6 |
0.120 | 373510 | 12 |
0.125 | 376184 | 6 |
Last trade - 10.38am 17/06/2024 (20 minute delay) ? |
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Last
10.3¢ |
  |
Change
0.000 ( 0.19 %) |
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Open | High | Low | Volume | ||
10.3¢ | 10.3¢ | 10.3¢ | 66382 | ||
Last updated 10.30am 17/06/2024 ? |
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EXR (ASX) Chart |