When bots are working, in a stock heading only one direction.. its more than likely a saving grace to be honest.
Unlike those who think there is some kind of draw the price down.. accumulation conspiracy, the bots - in my opinion are slowly but surely offloading parcels. Some holders, presumably with decent sized holding want to sell them. If they plonked them all on the market at once, it would be 2c in a heartbeat. Whilst there is liquidity.. there isn't sufficient to move big blocks of stock without sending the price towards zero.
Thats where the bots come in, selling down and sometimes rebuying - to make sure the price doesn't collapse. My interpretation of recent events anyhow
If someone has another grand calculated plan to acquired millions of dollars worth of NOR stock on the premise that its going to rocket back up 20, 50 or 100% any-time soon - good luck to them.
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Last
4.7¢ |
Change
-0.001(2.08%) |
Mkt cap ! $22.32M |
Open | High | Low | Value | Volume |
4.4¢ | 4.7¢ | 4.2¢ | $19.38K | 424.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 231096 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 142144 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.045 |
1 | 51759 | 0.042 |
1 | 13888 | 0.041 |
3 | 450000 | 0.039 |
1 | 255000 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 142144 | 2 |
0.048 | 61184 | 1 |
0.050 | 588941 | 5 |
0.052 | 20074 | 1 |
0.056 | 60000 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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NOR (ASX) Chart |