There must be an underlying motive as to why there is such a BIG sell.
Possible reasons could include:
- They want to sell a portion of their holdings and pocket some profit
- They want to cap the stock in order to accumulate more at a cheaper price (tree shake)
- They want to stop the share price from running to hard to quick. Possibility that you wont see this large sell order on Monday and it will get pulled?
Only speculation
i am in, page-16
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Last
2.5¢ |
Change
0.001(4.17%) |
Mkt cap ! $147.7M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.7¢ | 2.5¢ | $256.2K | 10.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1611195 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 1458833 | 6 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| NTU (ASX) Chart |