OJC 2.94% 17.5¢ the original juice co. ltd

TIMBER!!, page-70

  1. 2,062 Posts.
    lightbulb Created with Sketch. 289

    this is an ANTI-FEAR post to explain via actual data from today's trade why we closed at 28c when the actual wAvg price of trade was 29.3c

    • a sum total of $3.35K out of the day's traded value of $88.2K was traded at the 28c mark (chicken feed)
    • all of the 28c trade took place in the 3pm hour
    • the total traded of two days since the newsletter is barely over $200k

    ask yourselves, is $3.5K worth of trade representative of what people valued the shares at today across the whole day's trade ?

    We may still see 2.5c tomorrow or in days to come, on light trade again as holders with $500 or $1000 or even $2000 simply seek to quit.

    The point being this is light trade and is not a rush for the doors, sure the last two days (as I mentioned above) have been slightly higher in volume, they're still middle of the road over all , and IMO we totally understand what has triggered that volume anyway. (the newsletter)

    I also point out that RSI is approaching Oversold (ie < 30%), maybe that's what the scaremongering has wanted to achieve ?

    And also be aware that the 2.5c BUYS seemed to slot in in readiness to snap up those quitting sellers.

    "in data we trust"


    https://hotcopper.com.au/data/attachments/2969/2969794-9815cb10cff4d9f7336ace61539965ea.jpg
 
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Last
17.5¢
Change
0.005(2.94%)
Mkt cap ! $51.84M
Open High Low Value Volume
17.0¢ 17.5¢ 16.5¢ $22.35K 132.0K

Buyers (Bids)

No. Vol. Price($)
1 10232 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 493826 9
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
OJC (ASX) Chart
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