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
97.5¢ |
Change
0.015(1.56%) |
Mkt cap ! $148.3M | |||
| Open | High | Low | Value | Volume |
| 97.0¢ | 99.0¢ | 95.5¢ | $331.0K | 341.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3689 | 97.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.5¢ | 14860 | 7 |
View Market Depth
| Last trade - 14.52pm 06/06/2024 (20 minute delay) ? |
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Last
97.0¢ |
Change
0.015 ( 0.97 %) |
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| Open | High | Low | Volume | ||
| 97.0¢ | 98.5¢ | 95.8¢ | 55978 | ||
| Last updated 14.30pm 06/06/2024 ? | |||||
| HCH (ASX) Chart |