There are those who chase the short term rises and those who invest.
Short term positions are exactly that – ‘jump in’ - cover the spread and make a few percent – then jump out and repeat elsewhere.
The volume of shares being traded indicate that it’s the ‘froth’ that is making the short term price – not the investors who hold the majority share holding.
'Froth' tends to evaporate if no news for a few weeks to stir the 'excitement' up - watch the froth reappear upon further news.
Business as usual….
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $210.4M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 18.5¢ | $118.3K | 624.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 428137 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 42681 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 428137 | 0.185 |
5 | 430805 | 0.180 |
2 | 252858 | 0.175 |
5 | 336762 | 0.170 |
3 | 326200 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 41360 | 2 |
0.195 | 561649 | 9 |
0.200 | 1122018 | 12 |
0.205 | 444256 | 6 |
0.210 | 76560 | 5 |
Last trade - 15.42pm 05/07/2024 (20 minute delay) ? |
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