I guess it has to be both but the 1 share downs the day before seems to indicate someone wanted the price down. Sellers wouldn't want that would they? My commsec client indication ratios are moving more toward buying
This ratio was about 70 % 30% earlier in the week.
Column 1 Column 2 0 No rating is available 53% 47%
Sell Buy
This ratio measures the number of traded orders (buy & sells) by commsec customers for all trading days during the past 30 calendar days indicating a large swing to buying, by commsec clients anyway. To move that far in a few days when its measured over the last 30 days it must be about 20% sell to 80% buy now.
There's no reason for that price drop that I have seen. The three or four lines of visible buy sell orders have been small enough that the price would be easy to manipulate up or down.
SPZ has a real value now that the company is profitable and a has a growing profit. I don't think the price will stay down long but who knows. There seems to be a disconnect between actual company value and share price on a lot of asx stocks. I guess that's buyer sentiment, probably mainly from retail investors.
A lot of small caps have no profit, only potential profit if all goes well. There's no reason for some of them to not go down. SPZ has a lot of reasons to not go down especially with that great FY18 report but look what happened. All the evidence that I have seen seems to point to Instos buying in at a lowered price IMO but DYOR. GLTAH
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Last
93.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $324.8M |
Open | High | Low | Value | Volume |
91.5¢ | 95.0¢ | 89.0¢ | $774.7K | 839.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 560 | 90.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
93.0¢ | 22823 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 560 | 0.905 |
1 | 6000 | 0.900 |
2 | 7384 | 0.880 |
1 | 1149 | 0.870 |
1 | 30000 | 0.865 |
Price($) | Vol. | No. |
---|---|---|
0.930 | 22823 | 1 |
0.940 | 30000 | 1 |
0.950 | 65537 | 3 |
0.955 | 5837 | 1 |
0.960 | 51675 | 3 |
Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
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SPZ (ASX) Chart |