Don't forget that there were 187 million in the hands of S.I.s who bought @ .008 and enjoying a quick 25% where they can get it.
But, it is still VERY encouraging that equal numbers come straight back onto the buy side. So, it is as good as we can expect, getting rid of those S.I.'s overhang and confident buyers stepping up.
All we need is some good news and the more of those 187 million that can be sold before that news comes out, the less resistance to a much bigger spike in the S.P.
letter, page-34
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Last
0.4¢ |
Change
-0.001(12.5%) |
Mkt cap ! $7.280M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $357 | 94.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 52482879 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 6975582 | 6 |
View Market Depth
| Last trade - 10.31am 13/09/2024 (20 minute delay) ? |
| TEG (ASX) Chart |