Hey mate, I would say yesterdays sell off was based on these factors (imo)..
As @FreedomInvestor said there were many holders most likely trapped at 20 cents maybe even higher, ones who even bought at 30 cents and have been edging to get out for a while.
A lot of stocks are not doing well right now, many have fell far from all time highs. The wider outside factors also impacting investors i.e interest rates, recession, war etc etc due to this more are playing very safely, people are less likely to take risk which is why not many are holding long or even just trade for pips.
As well, as said earlier many stocks are far from all time highs where as PTX is actually heading towards to all time high while many others are deciding where they wanna go or even continue heading downwards (Lithium stocks for example).
After yesterdays announcement I believe we are in a very safe space. I will be buying more today for sure after that top up at 25 cents (and I thought that was cheap!)
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Last
4.2¢ |
Change
-0.002(4.55%) |
Mkt cap ! $33.82M |
Open | High | Low | Value | Volume |
4.2¢ | 4.2¢ | 4.1¢ | $26.36K | 639.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 629916 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 10598 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 629916 | 0.041 |
9 | 462000 | 0.040 |
2 | 120000 | 0.039 |
3 | 228421 | 0.038 |
7 | 372540 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 10598 | 1 |
0.043 | 50000 | 1 |
0.044 | 119512 | 2 |
0.045 | 314350 | 3 |
0.046 | 70000 | 1 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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