If you look at Moday afternoon's price chart you'll see a big spike in price and volume - highly likely short term traders caught up in the excitement with close to 2 million shares traded from 57.5 to 58.5c. Now look at the current market depth on the sell side: 2.2 million shares from 58c up to and including 60c. I think that's as good an explanation as any - especially as yesterday it traded sideways as you would expect after such an almost vertical spike - you would even expect maybe to trade a bit lower. I guess they don't want to sell at a loss and are waiting with their offers for their profit goals to be met.
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Last
31.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $358.7M |
Open | High | Low | Value | Volume |
31.5¢ | 31.5¢ | 30.0¢ | $1.130M | 3.674M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 528579 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.5¢ | 265867 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 37977 | 0.345 |
1 | 3430 | 0.335 |
1 | 528579 | 0.330 |
1 | 2842 | 0.325 |
1 | 38647 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 136586 | 1 |
0.285 | 265867 | 1 |
0.290 | 5 | 1 |
0.295 | 9378 | 2 |
0.300 | 359 | 3 |
Last trade - 15.59pm 02/08/2024 (20 minute delay) ? |
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GRR (ASX) Chart |