There were many discussions re this stock being accumulated last week. To me this seems to be confirming it was a rather clever way of distribution. Not sure how you get support at .06. It seems to be bigger sellers and smaller buyers as I was saying the other day.
I would think there maybe a chance of a double bottom at .05 but would want to see some confirmation of this possibility eg hard bounce on good volume. Its a bit of a long shot though.
An announcement could bring in some hope, however do not like the chances of going back up without one. Living on a wish and a prayer at the moment if expecting up
is 6c the new bottom?, page-3
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Last
42.0¢ |
Change
0.025(6.33%) |
Mkt cap ! $598.3M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 42.0¢ | 39.5¢ | $890.1K | 2.163M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 127863 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 30850 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |