Recent volumes do not support the dump theory.
I think everyone is a little nervous because of the current state of the market and the usual lack of information from #@#@## management who really don't care about small shareholders. If the usual mates were acting on advance information volumes would have been higher.
Have a look at the market depth and see what havoc a simple little $20,000.00 open order would have on the SP.
thoughts, page-40
Add RED (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $2.567B | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.8¢ | 37.0¢ | $1.748M | 4.678M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 1727698 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 1364967 | 50 |
View Market Depth
| Last trade - 12.44pm 05/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |