It is a ridiculous market when the price drops 2.33% or 3 cents on the sale of 14 shares.
There is currently little conviction in the market with numerous small trades making the market see-saw between the daily high & low. It appears as though they are looking for a breakout in one direction or the other.
It looks like it is a waiting game. Will the announcement of a signed contract occur & for how long do we twiddle our thumbs waiting.
Even though we would all like a progress report on contract discussions it is unlikely to occur because it could hinder negotiations.
A final contract should prove to be inevitable but the wait is painful.
Ridiculous market
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Last
57.0¢ |
Change
-0.010(1.72%) |
Mkt cap ! $78.29M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 57.0¢ | 57.0¢ | $11.81K | 20.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3951 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 6837 | 1 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| SMN (ASX) Chart |