hi carolz
this would be my reason:
sellers put their sell orders in at 10.5.
buyers buys it.
seller pust a buy in at 9.9 waiting for a buy again.
9.9 o 10.5 is the quickest gain to make in which is only 3 positions away.
if you buy in at 9.1 you would have to wait till 9.7 to make the same gain in $$$ terms, and that is 6 places away.
so selling at 10.5 and buying at 9.9 "looks" quicker in terms of price retracements
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8.1¢ |
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Mkt cap ! $259.7M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 3247104 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.1¢ | 125057 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 3247104 | 0.080 |
10 | 581811 | 0.079 |
10 | 616172 | 0.078 |
5 | 1469193 | 0.077 |
8 | 245653 | 0.076 |
Price($) | Vol. | No. |
---|---|---|
0.081 | 125057 | 5 |
0.082 | 334391 | 7 |
0.083 | 275468 | 4 |
0.084 | 1769 | 1 |
0.085 | 38201 | 2 |
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