PEN 6.45% 5.8¢ peninsula energy limited

end of trading games, page-7

  1. 10,142 Posts.
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    hi reichman

    the 2 share differential didnt go unnoticed by me today.

    I picked up on it many times in the last few weeks.

    Todays is still fresh in my mind so this is my thoughts on todays:

    i blame the sellers. Initially the sellers were sitting at 8.1 cents, with the 300k bid sitting at 8.1 cents which would have resulted in a 8.1 close.

    But a couple of the 8.1 sellers droppped their orders to 8 cents. Indicative close still at 8.1.

    So buyer quickly reduced bid quantity with 2 shares less to buy at 8.

    ...............

    Now whether paying 8.1 or 8 cents to save a few bucks, the final close buyer bought less than their initial 300k shares. So if they want all shares and buy more tomorrow another trade fee is needed.

    ............

    Either was i think it was manipulated to close at 8
 
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Last
5.8¢
Change
-0.004(6.45%)
Mkt cap ! $184.8M
Open High Low Value Volume
6.3¢ 6.5¢ 5.7¢ $5.439M 90.12M

Buyers (Bids)

No. Vol. Price($)
3 75059 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 531462 6
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Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
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