I remember posting the Buyer/Seller Ratio about 1-2 months ago.
When it was rising to that tip of 6c+ it was about 29m shares on the buy side, 12m on selling side. For the first time since the decline of the share price that ratio has been restored.
It's not much to look into, I mean you have to really look at the immediate selling/buying price for more relevancy but .5c either way of the current price (2.6c-3.1c = 5.2m looking to buy) vs (3.3c-3.8c = 3.1m looking to sell) shows it's more than steadied out
That healthy turnover of 12.64m in 4 hours is great for holders, and once whoever is doing (or has done) selling out the share it doesn't appear on face value to have much of a road block back on the upward trend.
If you go back far enough there was a heavy sell at 3c (3 months ago?) before we peaked at 6c and people were left right and centre jumping on the conclusion that it's a leaky ship? Turned out to be the guy retiring from old age.
Good luck to all holders and try not to jump to conclusions so soon. (Y)
- Forums
- ASX - By Stock
- Looking Ahead
I remember posting the Buyer/Seller Ratio about 1-2 months ago....
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZY (ASX) to my watchlist
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.81M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $24.95K | 2.268M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2741234 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 8606418 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2741234 | 0.011 |
36 | 14884387 | 0.010 |
29 | 10466044 | 0.009 |
14 | 5515590 | 0.008 |
5 | 2122000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 8606418 | 16 |
0.013 | 8401164 | 8 |
0.014 | 4244600 | 8 |
0.015 | 3810848 | 8 |
0.016 | 4364631 | 9 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
AZY (ASX) Chart |