Good day with decent volume to wash through a few trades IMO (well i have anyway). The more volume you see down at these levels you will probably find support.
Cash backing is at around 10 cents the rest is EV .
Here is some of the US insto's which report holdings, as at end of April. Im not sure how the local funds are positioned.
Pretty obvious support line here.
What is happening, page-1654
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Last
30.5¢ |
Change
0.045(17.3%) |
Mkt cap ! $77.72M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 33.0¢ | 29.0¢ | $698.9K | 2.286M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 605 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 41370 | 5 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| AXE (ASX) Chart |