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….
There are those who chase the short term rises and those who...
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $216.0M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.5¢ | $166.7K | 851.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 133600 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 201630 | 4 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| COI (ASX) Chart |