Its called accumulation (its a technical term) . Unfortunately, as much as we smaller share holders like to think we have a decent chunk of the registry, there are larger whales in the ocean that actual do have those chunks and can control the share price until they have accumulated enough shares to let price-action take its course.
This price-action you are seeing is artificial and would never occur in a fair market scenario. We are at the mercy of the whales. In saying that, as long as I do not have a stop loss trigger order on the ASX for VR8, I can sleep well at night
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Last
3.8¢ |
Change
0.002(5.56%) |
Mkt cap ! $21.37M |
Open | High | Low | Value | Volume |
3.6¢ | 3.8¢ | 3.6¢ | $5.665K | 152.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 71027 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 106838 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 44000 | 0.037 |
1 | 90000 | 0.036 |
1 | 855000 | 0.035 |
1 | 50000 | 0.034 |
2 | 65152 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 106838 | 2 |
0.039 | 120014 | 2 |
0.042 | 187867 | 1 |
0.050 | 100000 | 1 |
0.069 | 186104 | 2 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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