There is some serious relative volume going through MLM, Monday 6/6 was the highest ever volume day by nearly 100% and yesterday was the second highest ever volume day. Here is the daily chart going back to 2005.
Here is the weekly, the volume increase is clearer.
(zoomed in daily)
When you zoom in, you can see a pickup in volume on the 4/4 interestingly enough at all time lows (a good sign if it holds). I use a 50ma on volume to gauge av volume/per day. Average volume (per day) on MLM generally ranges between 100-200k.
Average volume since the 4/4 is just under 800k/day. A four fold increase around lows. Fwiw, thinking between the lines and connecting the dots, there is obviously a considerable change of hands here, hopefully to strong hands, and I believe once the last remaining stale placement/ long term holders are out this is poised for a sustained move to realise it's true asset value.
- Forums
- ASX - By Stock
- MLM
- MLM Chart
MLM Chart
- There are more pages in this discussion • 186 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MLM (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.95M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 188363 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 188363 | 0.025 |
3 | 38245 | 0.024 |
2 | 55000 | 0.023 |
1 | 800000 | 0.022 |
1 | 30000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 300000 | 1 |
0.028 | 25000 | 1 |
0.029 | 100000 | 1 |
0.030 | 473688 | 4 |
0.031 | 43478 | 1 |
Last trade - 19.00pm 29/03/2024 (20 minute delay) ? |
Featured News
MLM (ASX) Chart |
Day chart unavailable
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online