my feel is that the day traders are clearing out their holdings; I hypothesise only:
- buying yesterday was broker(s) getting some
- day traders today see that is the likely bounce price for a while, so they exit their 8 cent buys at 8.8 cents
if I am correct, we will sit around 9 cents for a while
if I am not correct, we will sit around 9 cents for a while, or we may fall a bit, or go up a bit, or fall a lot, or go up a lot
now, honestly, when you think 10 mill shares is only $900k in big, big day - so not enough $s traded to smooth bumps; once we get to, say, $2 a share, and the market cap is $1 billion, then the share price will not move around so much
my feel is that the day traders are clearing out their holdings;...
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Last
2.7¢ |
Change
-0.002(6.90%) |
Mkt cap ! $20.21M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.7¢ | $37.38K | 1.357M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 337500 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 942945 | 1 |
View Market Depth
| Last trade - 15.55pm 23/06/2025 (20 minute delay) ? |
| LDX (ASX) Chart |