Well, since watching BPH we all should be experts on the way the share price behaves.
Monday's are usually green days because of T2 day trader action.
The share price in my observation usually behaves like this:
it opens at 0.097, goes to 0.100, day traders are happy with 4% gains and will dump to 0.095 by 10.10am. It will go up a few pips, by the end of the day the share price is at 0.092 where you can rebuy.
Some bullish news from Keith pitt or gas related news appears or some up ramping on hot copper and the next day on opening the share price is 0.096, can't pass 0.105 and falls back.
This is typical BPH share price behaviour. You can simply hold and ride the 5% to 10% ups or downs, or you can take advantage of this and accumulate 5% more shares per day.
You might be selling at a money loss, but at the end of the day you will accumulate more shares which matters most, because each share can potentially 10x on approval.
There is a risk of BPH getting approval while you are trying to re enter at a lower price so maybe only do half or less at a time if you want to try this trading/accumulation strategy.
Some people will upramp or downramp to manipulate the minds of people who don't do their own research.
all my opinion.
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.69M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.8¢ | $15.20K | 841.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 4384138 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 1215280 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 4384138 | 0.018 |
22 | 3286486 | 0.017 |
19 | 2305860 | 0.016 |
5 | 1349966 | 0.015 |
1 | 1000000 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 1215280 | 10 |
0.020 | 4964118 | 15 |
0.021 | 2471000 | 9 |
0.022 | 1472222 | 6 |
0.023 | 2148582 | 7 |
Last trade - 15.58pm 10/09/2024 (20 minute delay) ? |
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BPH (ASX) Chart |