I'll be your voice of hope and postulation. The sell out at this current moment is from those that:
1) need the liquidity for other reasons, seeing we have been on hold for ages
2) scared about the global economy collapsing and want out at all costs
3) don't believe AJM will survive
Either way it needs a few days to allow those who want to sell out to sell out. Potential investors are seeing this and not buying thinking why buy now if I can buy lower - as such it will stop once the sellers dry out, and then we can potentially see a significant rebound, which hopefully continues for people who buy on trend.
That said my guesses were way off about opening so probably don't listen to me.
Opening on Monday, page-113
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $3.621K | 1.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 121 | 181496973 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 20055545 | 43 |
| Last trade - 15.53pm 04/07/2024 (20 minute delay) ? |
| 1MC (ASX) Chart |
Day chart unavailable