Every stock that has some vitality has day traders. One could say that it is them who make it so. They bring liquidity, and without them on this stock with so few shares available for trading, it would be a much slower grind.
As for it being a speculative stock, what a brilliant piece of analysis . Anything else you'd like to add?
You might like to consider that with the very strong FA that it has, and the way it has performed on the market so far, it's speculative criteria may be more sound than what you think. After all, the company has been working extremely successfully for 13 years, and now it wants to extend this further into the Aus market and internationally. Hence the public listing. All going well, based on its past performance and present workings, there is more chance of it suceeeding than not.
I think those who are having trouble getting there head around steep risers, is to look at a few other charts where they've performed exceptionally well. Look at the growth of BKL for a comparative stock by way of its product and market.
These things do happen, and the FA that S66 can boast is no different.
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.26M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4603 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 93193 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4603 | 0.140 |
1 | 24518 | 0.135 |
1 | 100000 | 0.130 |
1 | 24000 | 0.120 |
1 | 12822 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 93193 | 1 |
0.155 | 4063 | 1 |
0.230 | 70181 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 11.22am 04/11/2024 (20 minute delay) ? |
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S66 (ASX) Chart |
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