"I'm using it to buy more as there is no conviction/volume behind it.
If it was on heavy volume then I would be more concerned."
Do you have such low conviction in your investing abilities that you feel the need to take your cues from how much of the Issued Capital of the company happens to pass from one anonymous party to another at any given point in time?
As a case in point, how do you think the fundamentals of the business are different under each of the following daily volume scenarios?
A. 50% of ADV
B. 100% of ADV
C. 500% of ADV
D. 1,000 of ADV
E. Zero shares traded.
Ann: 2016 AGM Presentation, page-50
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Last
$1.06 |
Change
0.025(2.43%) |
Mkt cap ! $111.1M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.06 | $1.04 | $68.79K | 65.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93344 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 450 | 1 |
View Market Depth
| Last trade - 15.58pm 25/11/2024 (20 minute delay) ? |
| SDI (ASX) Chart |
