Beautiful manipulation - you have to admire it.
Hoping the accumulators (might only be one big one?) still has more fuel in the tank and is trying to wind this back to give them more headroom for an afternoon share scoop-up.
Others who want to buy cheap can see what's going on and are similarly waiting to see how far it will drop before pouncing.
If it starts moving-up with volume - it should start a buying avalanche.
Sell side is stacked with fake sell orders up and down the list.
Well, that's the theory anyway.
Into this scenario news could drop any tick of the clock.
Will be a sight to see with the spring wound back so far.
General Discussion Banter GLN, page-4865
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $127.5M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 16.0¢ | $912.5K | 5.329M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 106323 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 339481 | 11 |
View Market Depth
| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| GLN (ASX) Chart |