MAY 20.0% 4.8¢ melbana energy limited

May Chart, page-17

  1. 17,637 Posts.
    lightbulb Created with Sketch. 1640
    ''I also believe there’s a bit of capping going on in anticipation of results''

    Have you actually thought about what you are saying or are you just repeating something you see on Hotcopper?

    I see this all the time and it is completely devoid of any common sense or logic

    What you are saying in effect is that people are selling their shares at these levels ( after all you need to sell at the market to cap a share price rise) in anticipation of good results which will see the share price go higher

    Why on earth would you do this?
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
4.8¢
Change
0.008(20.0%)
Mkt cap ! $161.7M
Open High Low Value Volume
4.1¢ 4.9¢ 4.1¢ $834.0K 18.73M

Buyers (Bids)

No. Vol. Price($)
1 48202 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 2114504 5
View Market Depth
Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.