Proof that seed selling has ended is the absence of selling and a rising share price on volume, a rising VWAP from $0.024 for three days straight to $0.025 to $0.027 yesterday.
Seed investors are not irrational, they are just a different herd of investor to retail. They stopped selling the moment the State One analyst report and Intel news came out.
It it is far more rational and reasonable to say they have stopped (which is very clear from this week’s trading activity) then to protest that they are still selling without any proof whatsoever.
I’d ask our resident downramper BarkingGecko where his proof is but we already know he has **none**.
I’m going by trading activity, BarkingGecko is going by his gut and he likes to downramp.
Readers can decide for themselves whose comments hold weight.
Opinion only, dyor etc
Intel $6bn acquisition of Mellanox !!, page-84
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Last
$3.29 |
Change
0.200(6.47%) |
Mkt cap ! $353.2M | |||
| Open | High | Low | Value | Volume |
| $3.20 | $3.35 | $3.11 | $6.063M | 1.870M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11355 | $3.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.29 | 12500 | 2 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| WBT (ASX) Chart |
