Been watching this closely and I doubt very much if today's massive volume and s/p spike would be as a result of the ASCI newsletter recommendation. No doubt it had a positive effect on the s/p - that's a given ..... BUT ... the volume is huge and that can't be simply due to ASCI subscribers rushing in to buy.
Seems to me that there must be a confluence of factors at work here to explain that huge volume and the s/p holding the key line at 0.15c. As others have postulated, imminent NASDAQ listing may also be a s/p driver. Looks like this stock has had, for whatever reason, a big wake up call as its potential is being realised.
I don't think the rise is a "flash in the pan" and I don't think it will fall back to pre 23/12/10 levels as it has made a key technical breakout on very large volume.
The ride could be just beginning.
Anyway, that's my 2c worth.
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Last
31.0¢ |
Change
-0.005(1.59%) |
Mkt cap ! $450.9M |
Open | High | Low | Value | Volume |
31.5¢ | 31.8¢ | 31.0¢ | $897.5K | 2.872M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 243929 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 138883 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10169 | 0.330 |
4 | 26291 | 0.320 |
2 | 35545 | 0.315 |
8 | 80140 | 0.310 |
18 | 240613 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 41233 | 3 |
0.295 | 7567 | 2 |
0.300 | 13680 | 5 |
0.305 | 60000 | 1 |
0.310 | 441560 | 3 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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