I held off till the end of the week, a wait and see approach but I'm none the wiser.
Wednesday and Thursday saw WKT release two announcements which I thought would impact on the sp, the reason I'm none the wiser is that the bar of Wednesday the 28th (arrowed), the first announcement, had such large volume but yet no real movement. It finished OK which is a bonus but usually when this happens it indicates a real battle between supply and demand. I waited till the next day for confirmation of the winner..... yet there was none, no sp movement whatsoever.
So the puzzle remains, who created that supply that was met and absorbed or to put it another way, who met that demand and kept the sp down and why?.
I'm sure the answer will arrive sooner or later. Not for a simple chartist to guess but just have to wait.
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Last
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Mkt cap ! $87.26M |
Open | High | Low | Value | Volume |
12.5¢ | 13.5¢ | 12.5¢ | $149.1K | 1.165M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 81219 | 12.5¢ |
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Price($) | Vol. | No. |
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13.5¢ | 398672 | 7 |
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No. | Vol. | Price($) |
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5 | 136119 | 0.125 |
3 | 206071 | 0.120 |
3 | 147564 | 0.115 |
3 | 122000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 9090 | 1 |
0.135 | 398672 | 7 |
0.140 | 312924 | 2 |
0.145 | 108000 | 2 |
0.150 | 107272 | 3 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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