Gidday All
I just did a rough calc on the volume traded.
Between Feb and June 670m shares traded hands or were purchased between 0.015 and .02c. the 5 weeks from June 7 475m shares changed hands. If traders are taking their 100% profit by selling half there holdings ie 335m shares there is a 150m shortfall of people taking profits. Or in other words people prepared to hold the stock for more gains. I don't know the make up of the share register but if directors etal hold 50% this represents roughly 27% more of the company in long termers hands. The register is getting tighter in other words creating more upwards pressure.
Just my thoughts. Any comments + or - welcome.
my thoughts
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 (20min delay)
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $22.71M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.3¢ | $42.19K | 1.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2174415 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 130657 | 2 |
View Market Depth
| Last trade - 11.55am 08/03/2021 (20 minute delay) ? |
 (live)
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Last
2.3¢ |
Change
0.001 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.3¢ | 2.2¢ | 1449112 | ||
| Last updated 11.54am 08/03/2021 (live) ? | |||||
| BPP (ASX) Chart |