There isnt a dump. The move over last week is as rubbish as the move today. There is no liquidity in the stock. it moves based off stuff all volume. At one point today the bid ask had a 7 point spread. One miniscule trade can send the stock up or down 15%, with no ability to actually deal at those levels.
There needs to be a proper catalyst here to get an increase in market cap and a subsequent increase in liquidity.
The august results were actually ok as you can see the live accounts only a miniscule reduction in australia, so the increase in fees will feed through to revenue. Im still bullish the stock.
There isnt a dump. The move over last week is as rubbish as the...
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Last
43.5¢ |
Change
-0.015(3.33%) |
Mkt cap ! $45.69M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 46.0¢ | 43.5¢ | $44.18K | 98.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6381 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 28796 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| RZI (ASX) Chart |