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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I'm not expecting news. As we saw yesterday more than 8 million...
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Last
7.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.41M |
Open | High | Low | Value | Volume |
7.1¢ | 7.2¢ | 7.0¢ | $39.34K | 554.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 453615 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 173999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 453615 | 0.070 |
10 | 1742890 | 0.069 |
2 | 29207 | 0.068 |
3 | 60000 | 0.067 |
2 | 230000 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 173999 | 1 |
0.072 | 4782 | 1 |
0.073 | 365488 | 2 |
0.074 | 106417 | 2 |
0.075 | 54999 | 2 |
Last trade - 16.10pm 29/03/2024 (20 minute delay) ? |
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Last
7.1¢ |
  |
Change
0.000 ( 2.74 %) |
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Open | High | Low | Volume | ||
7.2¢ | 7.2¢ | 7.0¢ | 288992 | ||
Last updated 14.55pm 29/03/2024 ? |
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EXR (ASX) Chart |