Although I am more the happy to see the SP rising I ask myself spontaneously what really is going on here.
The volumes are nice but not sensational. So ask myself "who" is buying at substantial higher prices then for example 1 week ago ?
Why would you buying a stock that made so much this year ? Why would you buy BTR at 80 cents ? Because you want to make 10 or 20 % ? I do not believe so.
I have the feeling that either some long term holders are trying to reduce their cost price (e.g. when they have bought somewhere between 2-4 A$) or other jump in now because they have the feeling to make 100, 200 or more % in the mid term.
OR...some people have better informations that I have and there are some announcement ahead that will put the SP again substantial higher.
In a few day we will see at the GM if any new informations will be delivered.
Meanwhile everything is possible. Here something is going on and I would not be surprised to see prices above 1 A$ before year end.
Any other opinions ?
what is going on here ?
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Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $82.25M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $108.0K | 6.013M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 5135717 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 5152313 | 11 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BTR (ASX) Chart |