Noticed an early panic sell by punters today pushing the price down to 25.5.
The stock was trading at 35c late last week and over 30 prior to the raising.
Taking into account dilution the stock should be trading roughly where it is. There is a gap at 29c which should be filled soon, possibly tomorrow.
Also closed on the days high and is extremely well bid now.
Noticed a couple of large sellers put on the market just above the sell side no doubt to try and lure some loose hands into selling, these were snapped up amazingly quick.
As I stated I will be increasing my position if the stock trades according to plan.
Good luck all.
good support after raising
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $4.782M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $25.01K | 6.756M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 20700281 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 2008400 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IBG (ASX) Chart |