I don't believe the trading volume gives a clear signal if someone is buying. Based on the sudden urge in demand for shares at a certain price, to me it is more of a index or fund re-balance.
Remember that CMP is removed from All Ordinaries, Effective at the Open on March 19, 2018.
I don't think a value investor would suddenly jump in the market and place strong bid at the market ask, unless there is a new information. Normally, it's just computer trading, either following momentum trading pattern etc or re-balancing for index funds.
Waiting to see the delivery of first MEG
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $56.70M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 29.5¢ | $6.195K | 20.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19377 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 200000 | 1 |
View Market Depth
| Last trade - 10.01am 23/07/2025 (20 minute delay) ? |
| CMP (ASX) Chart |