I'm at a loss for words atm. Solid announcement with great potential and selling is hard in big chunks.
All i can think of is:
1. Bot action is clearly trying to keep price down. Clear as day. Just need to watch course of sales against depth. This is either to keep price low for much larger accumulation or for a take over bid
2. There is some real bad news we're not aware of coming up and this is just a sell off and heavy shorting - anyone think of any that come to mind as possbilities?
3. Big Market players think this is over valued, which is very hard to believe.
I'm hoping it's item 1, really cant think of other reasons for sell off. Either way, it's definitely not what I expected.
SYA - Chart, page-762
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Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $329.3M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.3¢ | 3.2¢ | $743.1K | 23.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2471889 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 8621987 | 13 |
View Market Depth
| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |