nice. The common factor is also as they grow in market cap more small cap funds can participate as it hits their minimum market cap limits which very by fund (50/100/200m etc)
so it’s a self fulfilling process once it starts as long as business growth continues as the bigger it gets the more money flows into the stock. Could be funds watching this right now with a $100m market cap rule for example with money on the sidelines ready to go.
if it catches a downhill run at 50c quite quickly and gets into the insto league and playing field could get exciting very quickly
EYE/PNV Comparison, page-11
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $33.21M | |||
| Open | High | Low | Value | Volume |
| 14.8¢ | 15.0¢ | 14.5¢ | $34.06K | 232.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 329492 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 244742 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| EYE (ASX) Chart |