VEE 3.37% $1.84 veem ltd

Ann: Becoming a substantial holder from SB2, page-6

  1. 885 Posts.
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    There's some bot activity in this stock. I tried placing a sell order for 50,000 at 0.57 just to test the waters (lowest offer was at 0.57 for a very tiny number) and instantly there were 2 sellers at 0.565 for a small number. Like I mean instantly, in the time it takes to refresh your screen. I then amended my sell order to 0.56 and instantly a sell order for a small number appeared at 0.555. So I got the message and removed my sell order and straight away the sell order at 0.555 disappeared.

    Not sure what the game is, but the very fact that there is some kind of manipulative presence in this stock is intriguing. I'm going to take a positive view on it and await further announcements that might improve liquidity. Despite placing that order I'm not a desperate seller, just sitting on a good profit from buying near the low and wanted to see if it created any action, which in a sense it did. I don't really have any sentiment at the moment except 'wait and see'.
 
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Last
$1.84
Change
0.060(3.37%)
Mkt cap ! $249.8M
Open High Low Value Volume
$1.80 $1.84 $1.80 $41.04K 22.7K

Buyers (Bids)

No. Vol. Price($)
1 4194 $1.81
 

Sellers (Offers)

Price($) Vol. No.
$1.84 17923 2
View Market Depth
Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
VEE (ASX) Chart
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