I think the theory is putting a large, out of the ordinary, Sell order in just above current price, to spook others from bidding up and over that share. Then they pull it, and buy in at the lower price they squeezed everybody down to ... I think .....
In saying that, it was taken out at 18c .... Which means it went from 20c on the sell, to 19, then 18c. Perhaps they simply needed the money ...
DYOR
RGds
J
capped, page-3
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $15.18M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $1.026K | 114.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 8475464 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 689174 | 7 |
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| Last trade - 11.05am 02/08/2024 (20 minute delay) ? |
| 1AI (ASX) Chart |