AXE 7.02% 30.5¢ archer materials limited

tight range - something cooking, page-55

  1. 7,432 Posts.
    never been really able to follow using Total Bid to Ask in Depth as any indicator of Demand.
    So what if the Bids BELOW the Ask price outnumber the Asks above the Bid?
    just shows an unwillingness to meet the current selling price from yesterday.

    Buyers are unwilling to pay the ASKING price thus showing a lack of Buyer Demand and a lack of Price rising pressure.

    right? simple,hey? lol back at you,joesnes.

    It must be the LYC fiasco that has ingrained conspiracy theories about dastardly deeds by brokers,shorters,competitors etc into near every thread on HC.
    Posters come in declaring every run is capped.Vie to be first to comment that the Bots are here,back,evily manipulating,calling for ASIC investigation because a share isn't going straight up like their research says it should
    when it's simply market forces.
    Supply and Demand.
    which is exerting the most pressure?

    Anyhow joesnes if you wanted to get some definite proof of your position regarding another broker capping AXE to make it 'unattractive' see if you can get a period breakdown of Brokers Trading for say the last month.
    This gives the volume trading buy/sells by each of the active brokers.

    For your case you'd be looking for more selling than buying by your suspect broker

    BUT then you could get lead into the proposition that the "evil" broker was so canny and manipulative that he "job lotted' his bot manipulation out to someone else and that's why you couldn't get the proof etc etc blah.

    Brokers Lists of Trading are usually only available from Full Fee Brokers like MacQuarie.Don't know if the service desk of on line brokers will do it but they might.

    anyhow it's a chance to confirm or deny ya phobia,joesnes.

    lol
 
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Last
30.5¢
Change
0.020(7.02%)
Mkt cap ! $77.72M
Open High Low Value Volume
30.0¢ 31.0¢ 29.5¢ $37.53K 122.6K

Buyers (Bids)

No. Vol. Price($)
2 23500 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 1535 1
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
AXE (ASX) Chart
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