I should have explained, the buy side has always been happy to sit and wait (besides timmys orders at 5c and 10c!), there have always been plenty of off screen sellers popping in and out. That's obvious given the giant down trend for a couple of years.
It has been watched for a long time IMO, very smart accumulators, for it to absorb a million share sale and just restack to a million plus tells me there is interest. When the sellers have completely capitulated (selling at $30MMcap?) and all done, these patient buyers will return as news comes.
50% range on the monthly candle and 30% on the daily looks like capitulation to me.
I should have explained, the buy side has always been happy to...
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Last
15.5¢ |
Change
0.003(1.64%) |
Mkt cap ! $37.75M | |||
| Open | High | Low | Value | Volume |
| 15.3¢ | 15.5¢ | 15.0¢ | $15.88K | 102.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45773 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| NVA (ASX) Chart |