FUTURE POTENTIAL V3, page-321

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nkat2007

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06/04/23

22:38

Post #: 67180129
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Originally posted by Vaughan94: ↑

I wouldn't jump to conclusions just yet Indigo but I am also more optimistic as of late.

From the day of out last CR volts stock price began to plummet. Im not entirely sure how these 1:1 CR's work but because of the strange trading that was happening from that day forward I started to track volume. 550m shares sold in the CR. An average of 7m shares traded per day up until recently. about 3 weeks ago the constant 10am and 2pm sales stopped, or at least, slowed. We had a few days where less than 1m shares were sold.

This was interesting to me, Turns out, if you look at when the trading changed and how many shares had traded from the credit raise till then, it was about 600m

most likely a coincidence but food for thought imo.

After large amounts of selling, there is always a moment where the selling pressure starts to become outweighed by the buying pressure. If you think about it, there are only so many shareholders willing to sell at those losses. They call this moment "capitulation"

My assumption is, either that moment happened this week or, its happening very shortly. Just a hunch.

Then again Indigo, maybe you're right, maybe somethings cooking. Or maybe we're trading at 1c again tomorrow, regardless, I'm optimistic.

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@Vaughan94 Maybe that second offtake is cooking which PC mentioned in his last interview....

VRC Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $16.63M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$560	140.1K

Buyers (Bids)

No.	Vol.	Price($)
5	3738498	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	18424446	24

View Market Depth

No.	Vol.	Price($)
5	3738498	0.004
37	62871274	0.003
15	20666714	0.002
8	18150001	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	18424446	24
0.006	8114897	14
0.007	10780001	5
0.008	4964155	6
0.009	1744144	5

Last trade - 12.53pm 21/10/2024 (20 minute delay)

VRC (ASX) Chart

FUTURE POTENTIAL V3, page-321

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FUTURE POTENTIAL V3, page-321

Top Stories

Hammer to unlock North Orelia gold play with average recoveries of 94%

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Featured News