In a illiquid stock like this technicals mean little and gaps even less so. I do follow charts but mainly on liquid large caps.
On small caps like this I follow heavy volume breakouts and this is why this caught my attention. The 10c battle always amuses me. If you buy at 10.5 and then sellers come in then suddenly you're down 0.5c when you're used to losing only a pip.
Clearly this is only a matter of time before 10c is gone and we settle between 12-15c and then wait for news.
Anyway who knows and time will tell
In a illiquid stock like this technicals mean little and gaps...
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Last
7.8¢ |
Change
-0.001(1.27%) |
Mkt cap ! $80.86M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.0¢ | 7.7¢ | $374.4K | 4.803M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 308385 | 7.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 818650 | 4 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| PER (ASX) Chart |