And this time the psychological barriers are different.
Prior run was all cream, LTs sitting on 10-15 bags as it was running, with new entrant’s watching the rise daily.
This time I think the barrier is just getting back to that ATH or close to it, and then we will see a run past that as people who have higher averages want to see a return for the time invested.
If you bought at $3 and held all this time, I doubt even an SP of $5-6 is enough for most to consider selling as they are really starting to see gains.
And this time the psychological barriers are different. Prior...
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Last
$1.22 |
Change
-0.010(0.81%) |
Mkt cap ! $202.7M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.26 | $1.14 | $381.6K | 320.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 2171 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.010 ( 5.54 %) |
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| Open | High | Low | Volume | ||
| $1.23 | $1.23 | $1.14 | 48407 | ||
| Last updated 15.52pm 03/05/2024 ? | |||||
| RAC (ASX) Chart |