There are those who chase the short term rises and those who invest.
Short term positions are exactly that – ‘jump in’ - cover the spread and make a few percent – then jump out and repeat elsewhere.
The volume of shares being traded indicate that it’s the ‘froth’ that is making the short term price – not the investors who hold the majority share holding.
'Froth' tends to evaporate if no news for a few weeks to stir the 'excitement' up - watch the froth reappear upon further news.
Business as usual….
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There are those who chase the short term rises and those who...
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $188.3M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 15.8¢ | $154.3K | 963.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 437032 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 185000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 0.315 |
2 | 220000 | 0.310 |
4 | 272421 | 0.305 |
4 | 241300 | 0.300 |
2 | 253400 | 0.295 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 15876 | 2 |
0.325 | 6800 | 1 |
0.330 | 30000 | 1 |
0.335 | 237633 | 1 |
0.340 | 113513 | 2 |
Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
COI (ASX) Chart |