NZ
you just answered your own question, why would you sell 30,000 shares @ 11.5c when there is 1.8mil wanting to buy @11.5 and 200,000 wanting to sell @ 12c, the reason, its being pushed back.
This same trading pattern has been happening since she was last at 19c, Everytime she looks like moving up a large parcel gets sold off, this is to spook holders into selling there shares.
What I have been seeing is say 2mil buys @ 12c, those 2 mil will get sold into, another 1 - 2 mil will be placed on the sell @ 12c immediatley, then almost immediatley 30,000 or so shares will be sold down at 11.5c. This has been going on for weeks as I said since she was 19c.
This is why I say its being held back whilst an accumulation occurs. There we go as I type 727 shares ($83) sold down at 11.5c
Somebody out there with deep pockets knows it potential.
Just my observations.
L4L
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Last
83.0¢ |
Change
-0.020(2.35%) |
Mkt cap ! $165.8M |
Open | High | Low | Value | Volume |
84.0¢ | 84.0¢ | 81.3¢ | $13.56K | 16.35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1612 | 80.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.0¢ | 4000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1612 | 0.800 |
1 | 4339 | 0.780 |
1 | 5000 | 0.670 |
1 | 10000 | 0.650 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.830 | 4000 | 1 |
0.840 | 9999 | 1 |
0.850 | 10000 | 1 |
0.860 | 47991 | 2 |
0.870 | 10000 | 1 |
Last trade - 13.41pm 11/10/2024 (20 minute delay) ? |
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