Tree shake of recent buyers over 60 cents. Likely bigger fish too to put a cap like that on and have buy orders that big underneath them.
They know retailers who jumped on last week are underwater and if they cap it and make it look like its going nowhere fast, then some might get spooked and panic sell so they can hoover them up before the next annoucement. This is why patience is so key in trading with Shares that have excellent fundementals. People like this will do everything in their power to try to convince people to part with them so they can reap the rewards for themselves later.
It's the oldest trick in the book. But by God does it still work. Especially with newbies who have no stomach for "paper losses" even if the share price is basically certain to be higher in the coming months.
Still as the old saying goes, a fool and his money are soon parted.
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $246.4M |
Open | High | Low | Value | Volume |
11.5¢ | 12.0¢ | 11.3¢ | $1.220M | 10.57M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
110 | 6252092 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 695532 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
94 | 5150657 | 0.110 |
59 | 4896261 | 0.105 |
119 | 9106628 | 0.100 |
9 | 429348 | 0.099 |
14 | 681902 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 695532 | 1 |
0.120 | 1696737 | 20 |
0.125 | 1855435 | 21 |
0.130 | 3049128 | 50 |
0.135 | 1863275 | 32 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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CXO (ASX) Chart |