Thank for your chart -@Sharpey the SP is looking better to me after yesterday's action!
I think this little dip was only caused by -
1 - The normal end of FY June 2018. Pressure on SP - DOWN
2 - Weak hand needing to sell for cash flow purchase. Pressure on SP - DOWN
3 - Others holders - ie bigger players taking advantage of the lower share direction [down] and selling into it so as to buy back at a lower price this gives more Pressure on SP - DOWN
4 - Buyers waiting for the 1st of July before buying any further stock. - Less buyers Pressure on SP - DOWN
5 - Bigger Shareholders knowing the direction of SP is down sell some of there holding to book profit and perhaps buy back more at a lower price!
5 - Delay of news flow!
Monday will be interesting being the start of the new FY - we may see the SP starting to move forward during the month of July 2018.
Like I mentioned in a previous post - these are the time to be adding to your position or buying into the stock. DYOR
Happy investing - be patient!!!
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.76M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
78 | 62197485 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 81904154 | 43 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
76 | 60998925 | 0.002 |
89 | 238214960 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 62680858 | 39 |
0.004 | 37764082 | 44 |
0.005 | 12600066 | 15 |
0.006 | 3150999 | 8 |
0.007 | 2277188 | 7 |
Last trade - 16.13pm 04/10/2024 (20 minute delay) ? |
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LPD (ASX) Chart |
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