Your are right mate. It is a strange dump, and hopefully not foul play.
As weird as it sounds this crash is good for the stock providing it is purely sentiment driven. If caused by leaky ship it's game over. Looking at the volume increase we se pre-planned buys scooping up shares which creates a lower cost base for punters. The issue we will face is that the punters may just be in for a quickie and make it harder for higher cost base holder to get out at break even in short/medium time. (Sorry Byron).
A reversal starts with volume, but need to re-gain previous levels rather fast. That is within a couple of trading sessions. At or above 1.5 this week would for it for me. Hard to think we are back to levels we bought into after ANA. Anyway time and price would suggest basis for at least a local bottom, and technically we are at support where traders would take a stab at it. I certainly hope so.
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Your are right mate. It is a strange dump, and hopefully not...
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $22.46M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $68.48K | 8.578M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 6964568 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.8¢ | 71500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 6964568 | 0.007 |
35 | 17777520 | 0.006 |
18 | 8765604 | 0.005 |
12 | 5637000 | 0.004 |
4 | 6350000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 71500 | 1 |
0.009 | 3190767 | 9 |
0.010 | 567106 | 4 |
0.011 | 1503000 | 4 |
0.012 | 4481083 | 4 |
Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
0.8¢ |
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Change
0.001 ( 14.3 %) |
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Open | High | Low | Volume | ||
0.7¢ | 0.8¢ | 0.7¢ | 3469234 | ||
Last updated 15.30pm 16/05/2024 ? |
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