Most of the time, Upon announcement of good news SP go south after initial climb or from opening price. This phenomenon is very complicated to understand in share trading.
Likewise, potential buyers are waiting for such moment. But it hasn’t broken the support level of 0.1150. Now the scenario is that if it maintains that level, buyers will jump in at the last hour of trade which would push the SP up to around 0.15 level IMO.
Frankly, I do not really understand, page-2
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.99M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.4¢ | $14.66K | 1.047M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1656418 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 6747329 | 4 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| CLA (ASX) Chart |