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...
a look at the % rise on very low volumes (sub 2 million) shows...
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $52.21M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 13.0¢ | 11.5¢ | $21.53K | 175.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 48994 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 10553 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |