When you guys talk about "endless supply of shares" I want you to realise something. Say there is 200mill shares on issue. Even if someone has 1 million shares, they can turn that over 10 times in 1 day over a 1-2c price range.
E.g.
Sell 1million shares at 17.5-18c in broken up parcels.
Buy 1 million shares at 16.5-17c.
Rinse and repeat.
When I intraday trade a particular stock. I might turn over $200k AUD worth of that stock by myself. Now imagine bigger people and multiple people... Doesn't mean anything. Ignore it, wait for the $$ deals and you will see what the SP will do.
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.970M |
Open | High | Low | Value | Volume |
2.6¢ | 2.7¢ | 2.5¢ | $11.57K | 447.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 65000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 0.018 |
1 | 216921 | 0.017 |
1 | 300000 | 0.015 |
1 | 39000 | 0.013 |
1 | 200000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 65000 | 1 |
0.026 | 10153 | 1 |
0.027 | 29629 | 1 |
0.028 | 700000 | 1 |
0.029 | 128000 | 3 |
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