MEL 16.7% 0.4¢ metgasco ltd

shaking da tree

  1. 19,599 Posts.
    lightbulb Created with Sketch. 272

    After a spike to 0.75, it appears to be a well orchestrated churning of stock down to lower levels.

    Sellers now approx 2 to 1 over Buyers.

    Volume traded 19,675,860 Number of Trades 1,525, av trade approx 129,000 shares.

    Get use to it folks!

    VWAP 0.711, intraday low 0.665, probably close on the low. Could well trade between 0.60 and 0.65.

    Smart punters know that a flood of quick profit takers will hit the market once the SPP hits their accounts.

    I would like to see 0.64/0.65 hold, but no matter as I only have to remind myself of when I bought QGC for 15.5 cents in Dec 04 and sold for 42 cents and at the time thought, wow what a great trade!


 
watchlist Created with Sketch. Add MEL (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.001(16.7%)
Mkt cap ! $5.066M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $438 125K

Buyers (Bids)

No. Vol. Price($)
8 11970102 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 14907884 13
View Market Depth
Last trade - 12.27pm 28/08/2024 (20 minute delay) ?
MEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.