Volume is the key indicator now. The price is creeping up on low volume so is highly susceptible to a rapid drop (@harba 's descending lift). I'm expecting to see it happen at least a couple of times before a volume increase closer to when many anticipate some sort of mid-December announcement.
While there is no doubt money to be made pip trading IAM this is definitely a LT play.
IAM Market Activity Discussion, page-580
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $11.92M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $9.754K | 464.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 235662 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 220000 | 1 |
View Market Depth
| Last trade - 14.46pm 16/08/2024 (20 minute delay) ? |
| CF1 (ASX) Chart |