You don’t seem to be picking up the point around capitulation. The whole point is that it’s a panicked rush for the door which snowballs. The catalyst is long term price depression. Doesn’t take much on any given day if the conditions are right (let’s say 3-4M shorts taken out by selling big chunks into the bid in any sign of strength)
You don’t seem to be picking up the point around capitulation....
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.87M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $32.30K | 1.854M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 17807705 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 720129 | 5 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| ADN (ASX) Chart |