Cheers Rickman.
large players can manipulate the price by having multiple buy and sell orders. This has been discussed in depth previously on many threads and is a blight on the share trading system.
if you are playing with large amounts you can basically dictate price movements in either direction and pick up small percentage wins on the way. It also forces stop loss trades and peoples fears. When shares are in a range bound zone it is perfect for this type of playing. Not saying this is definitely happening here but interesting to look at depth throughout the day and see what occurs. Another good announcement again would hopefully blow us out of this range though and make this manipulation void.
I still think this share is ideal for a longterm hold and also a small parcel on the side for regular trades. I have been jumping in with 1 cent moves to pay for Christmas presents.
Always good to take a profit, the 1000%returns are a very very rare bonus.
Apologies for half formed ideas, I can't really be bothered at the moment to be eloquent.
Have a good day,
Mpc
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Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $82.39M |
Open | High | Low | Value | Volume |
37.0¢ | 37.5¢ | 36.0¢ | $342.2K | 938.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 488 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.5¢ | 12566 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 64143 | 0.365 |
8 | 258148 | 0.360 |
7 | 134035 | 0.355 |
16 | 165231 | 0.350 |
6 | 198970 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.375 | 12566 | 2 |
0.380 | 21000 | 2 |
0.385 | 17121 | 3 |
0.390 | 17530 | 3 |
0.395 | 222522 | 6 |
Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
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IMU (ASX) Chart |