The share price hasn’t really dropped, there is still demand above 11c that was awoken by that buy yesterday, so the demand for the options with such a long expiry isnt going to waver. I have no idea if it’s a genuine entry or otherwise, just stating that it’s not inconceivable that it was a pump and dump, albeit a single actor and one with soft landing.
If it was a p&d I don’t think it’s a bad thing, just a single trader making a quick buck - aggressive entry to kick things off and a drip-fed sell off so as not to cause a panic.
I do hope it was a genuine entry though, lifts our floor just that little bit more.
Heading North, page-176
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.75M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $10.01K | 1.112M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 624224 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2813630 | 8 |
View Market Depth
| Last trade - 11.44am 07/10/2024 (20 minute delay) ? |
| KRR (ASX) Chart |