Observing from the uk yesterday’s trading pattern was somewhat odd, both in terms of volume and the change in sentiment. Plenty of possible reasons, but I note that the 1.4m shares allocated to our “sophisticated” investor were admitted for trading yesterday, and it could have been them aggressively selling down their position. If so another trading session with similar volumes should clear out most of the balance. Of course it could though just be profit taking after a good long bull run.
Yesterday’s price
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Last
20.0¢ |
Change
0.010(5.26%) |
Mkt cap ! $41.48M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.5¢ | 19.0¢ | $14.42K | 72.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 75000 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 16999 | 1 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| EMH (ASX) Chart |