SYT 0.00% 0.1¢ syntonic limited

SYT General, page-50

  1. 5,038 Posts.
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    @GoldRoyal89

    Last year, on the days when the Chi-X volume made up a higher % of the overall volume total, PSF shares generally treaded water or moved lower, on the days it was a lower % on the Chi-X the share price usually increased.

    That's because most retail investors were buying through the ASX, the bigger sellers were going through the Chi-X and onto the ASX if need be.

    The other point to note was the number of trades verses the volume, the average trade size on that metric was close to 100,000 shares. We're quite a bit below that number at the moment.

    Again no ask on Chi-X, so the current capping of the share price is not coming from the same sources as last year, that's for sure. There would be layers to get through then, now nothing.

    LOTM
 
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