I use market depth as one indication of evaluating demand but this is often not a very accurate method due to props and cappers. I tend to pay closer attention to the depth within about 20% of the Current SP...
MY POINT- It fustrates the hell out of me when I see the sell orders at 3.1 and 3.2 which are placed more than 25% above the current SP and those few orders make up about 30% of all sell orders?
Does anyone else get fustrated by this? Oh well, we all have our ways of doing things I suppose.
have a good day guys and girls,,,the market cannot seem to look beyond the macro issues for the moment but
BOTTOM LINE
Neuren will continue to test and deliver new drugs/treatments and the future demand for these illnesses/diseases/brain injuries is not going away. We have the cash,management, very good results so far so i am just hoping things continue well for NEU.
I use market depth as one indication of evaluating demand but...
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Last
$12.35 |
Change
0.070(0.57%) |
Mkt cap ! $1.578B | |||
| Open | High | Low | Value | Volume |
| $12.25 | $12.45 | $12.02 | $7.808M | 638.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 41 | $12.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.37 | 1579 | 2 |
View Market Depth
| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| NEU (ASX) Chart |