MDcopper........same play and same players as last week. Consolidation today @53c level.
Is it the UBS & Credit Suisse team again? Most likely.
Stans Broker Reports would show us.
These two have been playing the market by "alternating" between being Buyers & Sellers.
Bank #1 accumulates and stacks the Buy side to prevent a SP falling below their buy in value.
Bank #2 has already Sold off most of its holdings from the last major high and "dribbles" very small sells [69 share etc] into the 53c level while it stacks the Sell side at 53.5c and above. This INDUCES retail sellers to dump @ 53c into Bank #1.
Rinse & Repeat.
A Partnership in Crime!
Is it working? see for yourselfs.
Whats different today on the Forum? NO DOWNRAMPERS! The usual gang have stopped downramping either because of buying at 55c last week OR
they have been instructed to not run the SP any lower below the Bank#1 accumulation price. Pick which one you believe is happening.
Yak52
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $380.4M |
Open | High | Low | Value | Volume |
20.0¢ | 20.5¢ | 19.3¢ | $1.524M | 7.685M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 721709 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 776034 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 721709 | 0.195 |
68 | 2220287 | 0.190 |
29 | 1168092 | 0.185 |
52 | 1586980 | 0.180 |
11 | 495900 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 776034 | 19 |
0.210 | 1190443 | 14 |
0.215 | 396219 | 14 |
0.220 | 768276 | 22 |
0.225 | 592837 | 17 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
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