Below is a weekly chart for the past 150 weeks.
It shows the price action around .... how Jaws looked like it was going to add value, then how the potential value of Jaws has been stripped away
The worrying part is the buying volume on this recent rise is below the averages = low confidence level.
This shows an unwillingness of new buyers willing to take the punt as yet.
Ignoring Jaws, I'd expect new money to start flowing in given large investors in the CR thought 11.5c was good value with potential for WE the driving force in their decision to pay 11.5c . My Opinion only !!!
Currently we struggle to get any real volume ..wanting to pay more than 7c.
Logic not charts is telling me something is not adding up here ???
March could be the month of more people willing to take a punt on WE is what i am suggesting.
Ann: Jaws Pilot Update, page-12
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 21.0¢ | $44.96K | 210.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 1776036 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 865891 | 27 |
View Market Depth
| Last trade - 13.00pm 28/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |
