The sudden change in both supply side and demand side volume see the SP dropped to $0.11.
I am highly confident that some investors forgot to sell shares at specified price, instead of market price. Or the computer program is too careless.
Some technical investors may find it easy to manipulate small cap stocks by selling/buying constantly, but usually when good news comes, most of them miss out on the big profit.
For me, I am happy to hold the stock. I don't think I could possibly sell stocks of this quality at these prices.
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CMP
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algorithmic trading in small cap does not work well
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Last
28.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.82M |
Open | High | Low | Value | Volume |
28.0¢ | 28.0¢ | 28.0¢ | $410 | 1.464K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.5¢ | 20999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.285 |
1 | 15000 | 0.280 |
2 | 15000 | 0.275 |
1 | 25000 | 0.270 |
1 | 70000 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.295 | 20999 | 1 |
0.310 | 11560 | 2 |
0.325 | 2000 | 1 |
0.330 | 41875 | 3 |
0.340 | 13323 | 2 |
Last trade - 10.17am 18/07/2025 (20 minute delay) ? |
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CMP (ASX) Chart |