it’s probably just demand/supply doing it’s thing…
and maybe an an accumulator leveraging impatience to push lower.
I reckon buyers are just generally waiting to see how low they go.
obviously can’t be sure, but I reckon the over supply at 2.5 and the promise of more supply at 3.5 and 5 (should the share price ever get there) is lowering the current demand appetite…
it’ll now take confirmed revenues to reverse the trend imo.
but apparently this is what shareholders wanted,
maybe so they can accumulate lower?
it’s probably just demand/supply doing it’s thing…and maybe an...
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Last
2.0¢ |
Change
-0.002(9.09%) |
Mkt cap ! $49.36M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $20.25K | 965.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 2123219 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 219010 | 2 |
View Market Depth
| Last trade - 15.46pm 24/07/2024 (20 minute delay) ? |
| ADO (ASX) Chart |