The activity of the last 24 hours or so was expected by plenty on this and the Yahoo Board (myself included). The spectacular rise was due is some part to traders looking for a quick profit, these guys will always sell at the first sign of a negative move and thus accentuate any market sentiment, they will lock in their profit (or minimize a loss)as quick as the wink of an eye.
The downward move will stabilize and the SP will rise again as we close on the REACH2HD results. Those that believe in the company and their product will be unconcerned by this current short term trend, those that are here for a quick profit I wish you good luck and may the force be with you.
PJ
retrace as expected.
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $20.98M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $640 | 160.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 68540898 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 34431662 | 24 |
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| Last trade - 10.21am 08/07/2024 (20 minute delay) ? |
| ATH (ASX) Chart |