With volume so enormously high, I sniff a major seller although the Top 20 of late only holds around 52% although it's not inconceivable that day traders only played today.
The close at approx. today's VWAP of 7 is not too bad; I just didn't like some of trades today - particularly the break ups of 100k lots. Anyway, with 315m gone through today, with only 344m vol on offer - I tend to speculate that the probability is that a large holder has dumped. It's definitely going to be volatile now for some weeks with many opportunities ahead for the canny. If a 2nd follow up update comes on line, it may briefly explode upwards into the double figures - I believe that is what holders now are hoping for.
Won't know for a while. Quite incredible - I was hoping for something small.
Ann: Trading Conditions Improve , page-42
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Last
0.6¢ |
Change
0.002(50.0%) |
Mkt cap ! $3.632M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.6¢ | 0.4¢ | $35.13K | 7.073M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5141652 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 4352310 | 7 |
View Market Depth
| Last trade - 12.08pm 28/11/2024 (20 minute delay) ? |
| DDT (ASX) Chart |
