ATS 11.1% 0.8¢ australis oil & gas limited

An interesting stat about this company. Since listing the number...

  1. 20 Posts.
    An interesting stat about this company. Since listing the number of buyers at the end of every trading day has out weighed sellers by 91% to 9%. Also in terms of volume buy/sell on 94% of all occasions at end of the each day there have been more volume wanted to buy than sell.  This supports the fundamental demand for this stock albeit at what people perceive as at a reasonable price. They do not recklessly chase it at any price. Most stocks do not have this bias towards the buy side. In saying that with 83% of the holding owned by institutions and directors imo ultimately the value of this company will be determined by the corporate side of the ledger not the small retail activity. At the moment if a corporate wanted to take a strong position in the company at say .45cents it would have to deal with one of the primary holding institutions. This is a tight register.

 
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Last
0.8¢
Change
-0.001(11.1%)
Mkt cap ! $11.60M
Open High Low Value Volume
0.8¢ 0.9¢ 0.8¢ $7.066K 786.5K

Buyers (Bids)

No. Vol. Price($)
13 2574850 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 5757676 14
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
ATS (ASX) Chart
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