It is hard to say.
This afternoons action will tell the story.
This is the first highish volume selling day in awhile but it is not brutal.
It almost looks contrived to give the impression big punters are bailing out.
We haven't seen big parcels sell like this for ages.
If it was a genuine sell off I would expect big parcels to sell hard into the close and probably finish on 7.3c
If we get buying into the close we live to fight another day.
Just my WAG!!
PS It wouldn't hurt around now for the directors to buy some stock on market??
Shake out or bailing?
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 (20min delay)
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Last
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 48.5¢ | $34.87K | 70.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27749 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10897 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |