Go back in time and compare past share rallies with our current situation.
We had 2 volume spikes, followed by strategic MD games to keep price at 0.9 to 1 cent on very low volume.
Why was volume at near 50 mil and 22 mil levels respectively on our last updates regarding the delays with Monash when all that was conveyed were delays?
It makes one curious how people get set on those volume days in otherwise unspectacular trading environments in near stagnant volume days.
Most runs do have those early " warning " signals and ESI is a good study for those cases.
My question would be whether those who positioned themselves expect good news regarding funding details for the CDP or whether this was purely a chart related play?
Since those volume days occurred at times when funding negotiations towards commercial plants were mentioned, I tend towards the earlier.
news this week?, page-10
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.10M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $1.59K | 529.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 15034960 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 13266173 | 29 |
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| Last trade - 15.59pm 26/06/2024 (20 minute delay) ? |
| ECT (ASX) Chart |