I haven't had time to read the posts but the open today was upon yesterday's from 4.6c yesterday and 5.1 today. There wille a few peopletrying topush the price down so theycan buy cheaper.
The pattern has been day traders selling at below the previous close sotheydon't have topay fr the stock and they get a bit nervous holding which is ok because the while the all ords is down again by 1.1% and 70 points, GDA has opened higher tha yesterdays open with 11m shares traded and the sellers moving the bulkof their offers to around the the 5.7c to 6.2 c levels.
Don't forget that every stock will be the subject of those trying to buy lower than they might otherwsie and others trying to sell as high as they can.
this scenario of gda has happened each day and then moves up.
there isa extra 10m in the sell side but it's being listed at the 5.8 levels....bacically people buying and putting the stock back on the market at higher levels for sale.
notmuch for sale at 5.4c
cheers fatstocks
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Last
26.0¢ |
Change
-0.010(3.70%) |
Mkt cap ! $34.35M |
Open | High | Low | Value | Volume |
26.0¢ | 26.0¢ | 26.0¢ | $8.02K | 30.84K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 175021 | 25.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 5637 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 175021 | 0.255 |
1 | 3660 | 0.245 |
1 | 3829 | 0.235 |
1 | 4549 | 0.220 |
1 | 20000 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 5637 | 1 |
0.280 | 41902 | 5 |
0.285 | 2000 | 1 |
0.290 | 14375 | 1 |
0.295 | 10000 | 1 |
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