a look at the % rise on very low volumes (sub 2 million) shows that there is not enough on the sell side & hence the buyers have to step up to get their fill as seen on the trades today...
I have no idea about who sold and why as you all have put so perfectly but I think the string of news in the last 2 weeks bodes well for the future...
I hope to see some good rally when the full picture is presented to us in the next announcement with the detailed results...
If there are desperate sellers then I am sure they will see the upcoming possibilities of a good upswing and they can offload into a demand rather than try and sell into patient buyers who were not ready to buy up last week...
PATIENCE is the keyword here IMO...
Today's trading, page-45
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.40M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.0¢ | 9.7¢ | $1.042K | 10.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 78000 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 19094 | 2 |
View Market Depth
| Last trade - 15.34pm 15/08/2024 (20 minute delay) ? |
| EGR (ASX) Chart |