Given the number of shares on issue, in order to get any significant movement, at least 400 million shares will have to change hands. That is unlikely tomorrow, but it is possible on Monday.
Based on recent turnover and the lack of price movement, it's unlikely we will see any decent movement until after spud.
Many LT holders who got caught last year have been waiting for the share to rise to exit this stock. Assuming some averaging down occurred, the golden price is likely to be around 0.025.
At this price it can be expected that huge volumes will go through, at best keeping the price flat, at worse case the price will drop possibly triggering stoplosses.
Some bag hoolders who boughtt big in the recent CR will also possibly sell some shares before TD
Summary. Holding close or after TD is a huge risk - having said that I will see those brave enough on the other side.
DYO DD
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $86.80M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $70.36K | 34.70M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 5400000 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 517765215 | 219 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 5400000 | 0.002 |
247 | 1010784201 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 448104715 | 217 |
0.004 | 276095261 | 103 |
0.005 | 71405707 | 43 |
0.006 | 36574900 | 36 |
0.007 | 24363917 | 21 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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88E (ASX) Chart |