Ok here goes, Shorters are dumping shares to pressed the valuation down because they are front running the "news" ahead of time and were actually covering with real stock purchases. News comes out and magically the price spike and keeps going up to the peak 87C. The big stop raid to shake off the weak hands (retail holders) by the strong hands (insto) looking to accumulate large what of holding so collective retail stops make a tasty bite.
Now watch the price go back to 50C then 87 then $2.
Better Days, page-83
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Last
$2.99 |
Change
0.010(0.34%) |
Mkt cap ! $9.000B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $104.7M | 35.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11874 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 65336 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |