My feeling is that for things to happen like that, small volume and price down, the first requirement is the whole market is not interested in IMM much.
If there is some couple million share buy like in the past, the price would easily be blown off. So that kind of buy volume is not around these days.
The market sentiment gives plenty of room for that someone(s) to continuously test out the water by the daily slow 'short' play. So with very little trade volume, we see the price droped. What if this is purposedly done by pushing IMM to the very corner? Leave not much option for IMM?
Anyway, I am very much loving to hear all possible explaination. This is my most miserable holding.
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My feeling is that for things to happen like that, small volume...
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $581.0M |
Open | High | Low | Value | Volume |
41.0¢ | 41.5¢ | 39.5¢ | $1.576M | 3.906M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2506 | 39.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 8079 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2506 | 0.395 |
4 | 117184 | 0.390 |
5 | 88248 | 0.385 |
8 | 91570 | 0.380 |
1 | 100000 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 8079 | 1 |
0.405 | 30077 | 3 |
0.410 | 97079 | 4 |
0.415 | 323572 | 11 |
0.420 | 560003 | 11 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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IMM (ASX) Chart |
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LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
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