Yes it appears to be pump and dump -- traders I assume.
When it gets down around .08 to 1 they clog up the lower bid positions with millions and control the buying-- then it gets pumped .They then clog both sides of the buy and sell with large bids and leave a blank spot as the only exit or entry point for some mug( like me).
From today's trading , it appears to me that they are in sell-down mode at 1.4 -- watch the lower bids evaporate as they progress to sell down at lower levels -- in my view its the traders propping up their own position so that they can sell out at higher levels and then repeat the whole cycle all over again.
Only my view , but would be interested in the thoughts of others.
regards
Q
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2.0¢

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Last
2.0¢ |
Change
0.003(17.7%) |
Mkt cap ! $14.57M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 1.9¢ | $77.58K | 3.898M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 170000 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 584784 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 170000 | 0.019 |
7 | 1600934 | 0.018 |
6 | 1483385 | 0.017 |
11 | 3071300 | 0.016 |
3 | 546812 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 584784 | 4 |
0.022 | 684420 | 3 |
0.023 | 640000 | 2 |
0.024 | 2999545 | 4 |
0.026 | 435626 | 2 |
Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
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MLS (ASX) Chart |