Snoball if i was in management I would be concerned for all holders, however in being more specific with the answer; new investors are often attracted by positive news and information as to the stability of the company.
So news and updates are important for both traders and investors, so I am not sure where you are coming from with your statement.
Further without traders the stock probably would not move that much even with news. Traders help to make the market move
I do not know of any traders looking for a .01 profit or are you talking about a .01 move which may provide a thousand $ if leveraged??
is 6c the new bottom?, page-18
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Last
40.0¢ |
Change
0.005(1.27%) |
Mkt cap ! $569.8M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 39.0¢ | $1.746M | 4.422M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7395 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 94636 | 3 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |