Don't think its really tree shaking...
But I also don't think it has anything to do with the company fundamentals...
Seems that one (Or more) of the seed capital financiers wants to raise, or reclaim capital to either free carry or re-distribute.
And its obvious that they don't care about how much they drop the price, just want their capital out. The premium we have seen on options is also perhaps indicative of this.
Volume has been significant during the last few sessions (Much higher then Rolling 3m Avg 296,363K)... But today (So far) its tapered off substantially...
A couple days ago I said that 36c was a fairly critical support... Judging by the reduction on volume (So far) this could be a good place to stage a reversal..
IF THE SENTIMENT HASN'T BEEN TOO DAMAGED - Otherwise 30c is where the line is drawn.
Just my opinion...
Pat
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Don't think its really tree shaking... But I also don't think it...
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Last
3.2¢ |
Change
-0.002(5.88%) |
Mkt cap ! $9.019M |
Open | High | Low | Value | Volume |
3.2¢ | 3.2¢ | 3.2¢ | $298 | 9.305K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2677 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 174022 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2677 | 0.033 |
1 | 100000 | 0.031 |
1 | 33333 | 0.030 |
3 | 280000 | 0.026 |
2 | 83400 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 174022 | 2 |
0.046 | 110715 | 1 |
0.047 | 49449 | 1 |
0.048 | 401203 | 2 |
0.050 | 155597 | 4 |
Last trade - 10.26am 28/10/2024 (20 minute delay) ? |
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