AQD 11.1% 0.8¢ ausquest limited

Friday's close, page-4

  1. 27,205 Posts.
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    Historically AQD is a tight ship. If there was some leakage, i would expect a lot mpre volume and price than what we saw Friday. We have had some announcements in the last couple of weeks, also people know that we are expecting results soon. With the rise in commodity prices and a tight share register, AQD is poised to keep heading northwards. I have mentioned before no a huge amount of free float shares. The same free float shares being churned, as well as 1 or 2 people accumulating .

    Some may have sold to buy back lower, historically this has happened on each occasion, so what could make this one different? Well more people are aware of AQD, and many would buy a few to hold for all the drill results for the entire year, so those shares wont come onto the market. The biggest threat is daytraders, but AQD kills them each time as its retraced, and they are caught, then they sell and it pushes the prices down. The trading in Friday, may have been a few day traders , however near the close when the 2.8 was statcked to sell, it was quickly taken out with a resonable buy side replacing it.
    Tomorrow we may see a Trading Halt? Or we may drift higher on expectation of results this week. If they do come out and are positive then 3.6 will be the price to get above . If it gets into the 4's its game on

    Last edited by rebel1: 05/06/22
 
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Last
0.8¢
Change
-0.001(11.1%)
Mkt cap ! $8.439M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $17.46K 2.183M

Buyers (Bids)

No. Vol. Price($)
5 1538609 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 2134572 5
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Last trade - 10.08am 13/11/2024 (20 minute delay) ?
AQD (ASX) Chart
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