Seems to me like somebody is putting low volume pressure on the price on purpose.
This is in fact no way to sell stock, this is exactly how to drop the SP for a reason, as I said on low volume, losing minimal amount of stock (for a perhaps larger gain at a lower SP)
Also a great way to go stop loss hunting. I will be adding to my holding, was scaled back considerably in raise so I would love to pick up the rest. I feel it could rebound quick here.
I personally would ignore this volatility and as I said correctly months ago....
Don't get sucked in.
Chart, page-543
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Last
$2.00 |
Change
0.215(12.0%) |
Mkt cap ! $173.5M | |||
| Open | High | Low | Value | Volume |
| $1.87 | $2.10 | $1.87 | $173.9K | 88.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2629 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.00 | 16494 | 2 |
View Market Depth
| Last trade - 15.59pm 12/11/2024 (20 minute delay) ? |
| EMV (ASX) Chart |