My theory is always follow the money. No volume makes me think nothing to worry about but I have been proven wrong before.
From a quick check I just did, less than 200k shares pushing the stock down from 47 to 40 is not a big worry for me. It would be nnicer to see it go the other way but hey that's this type of stock for you.Just shows not many buyers for whatever reasons - and not many sellers either.
Stating the obvious but news and sentiment will drive the price not particulalry fundamantals IMO.
And given the up and downs of this stock and others in the region this could move down to 30c or up to 60c in a short space of time. Enjoy the ride.
My theory is always follow the money. No volume makes me think...
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Last
7.6¢ |
Change
-0.006(7.32%) |
Mkt cap ! $15.50M | |||
| Open | High | Low | Value | Volume |
| 7.9¢ | 7.9¢ | 7.4¢ | $94.38K | 1.231M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 65000 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.9¢ | 11307 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
7.4¢ |
Change
-0.006 ( 1.46 %) |
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| Open | High | Low | Volume | ||
| 7.6¢ | 7.7¢ | 7.4¢ | 147650 | ||
| Last updated 15.08pm 07/06/2024 ? | |||||
| BUX (ASX) Chart |