If you spent a couple of hours each day studying the offers and trades you would come up with a different conclusion. Not all transactions are genuine sale trades.
Look at the way 40-50 orders are instantly created and instantly removed. These are all computer generated with the purpose of creating confusion and enticing desperate sellers.
In my option only a small % of the 3-4million daily sales are genuine holders exiting.
Investor Briefing and Webinar, page-26
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $121.0M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 11.0¢ | 10.0¢ | $203.1K | 1.922M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 2191153 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 16067 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LIN (ASX) Chart |