"Off topic to shorters, I think you're seeing the case where a stock was accumulated ahead of an index add by index funds. Now the funds have their positions and the bid has disappeared. These index funds are there to match the index, they aren't like an other funds who actually need to make a profit on their positions and will help support the price"
https://hotcopper.com.au/threads/general-comments-chat.4779186/page-17485?post_id=51955445
Told ya the bid was gone in this. The last time you got upset with me was on EN1 around 4.5cHopefully it won't be the same outcome here but it looks highly likely
General comments/chat, page-17836
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $49.76M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.6¢ | $1.263K | 77.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1009372 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2739013 | 9 |
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