I think it's mostly to do with the cap about to be put on Russian oil. I guess we will see if it drives western prices up or is just a fizzer. I see Indian is still going to buy Russian oil at $60 they are laughing so why wouldn't you.
from what I've seen over the years the market tends to go to sleep next week or so and I'd say we have plenty of time given how slow we have been progressing to date. However apparently May shareholding of insto's is only about 5% so it maybe different retailers driving the market.
Just my 2 cents worth though.
May Chart, page-3529
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Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.4¢ | 2.3¢ | $37.16K | 1.559M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1371447 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 42608 | 1 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |