Until we get some serious volume (100-200 million shares trading which is 5-10 percent of company shares) instead of this tepid 25 million volume (1.25 percent of total shares) there will not be any serious upward movement.
The trades that occurred yesterday in my opinion were those that bought at lows of 26-27 cents upwards and monetised. For the last several months that has been status quo
Short traders going in on lows and selling on announcements
This is why there will not be a serious push forward until there is serious volume taken up
nice spin about ann, page-12
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |