You don't want to have a greater than 15% rise in price on the back of less than 5% of the stock on issue. This build up at the moment is what I like to see. Relentless buying with little price movement. If there is anything behind it, it will show its hand in good time. Whats more, this process of accumulation will dry up the remaining sells and lead to a strong push as those who missed out now come on board.
It's to early to tell just yet, another 3 weeks of accumulation on contracting volume will give some more clues.
IMHO
You don't want to have a greater than 15% rise in price on the...
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.56M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.2¢ | $22.08K | 1.003M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1118793 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 49257 | 1 |
View Market Depth
| Last trade - 15.17pm 01/05/2024 (20 minute delay) ? |
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Last
2.2¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.2¢ | 2.2¢ | 75411 | ||
| Last updated 14.55pm 01/05/2024 ? | |||||
| MLS (ASX) Chart |