I reckon they will show their hand soon - their goal is to get the 30 days weighted average price down to the low 1.2s. They can achieve this in the next 2 weeks.
the end of day pip up has almost zero significance to vwap given its only a few shares.
question is - what's the opening bid? 20% premium to that low 1.2s 30 days volume weighted price?
not what we wanted but that the reality of the market as it is today - blame the market for it.
no doubt many won't be selling - but on the other hand many will. They could at least get an additional 10% to 20% that's for sure.
Whats with the closing everyday, page-2
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Last
79.0¢ |
Change
0.005(0.64%) |
Mkt cap ! $119.6M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 82.8¢ | 79.0¢ | $23.53K | 29.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3999 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.5¢ | 816 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| HCH (ASX) Chart |