CHN 3.18% $1.52 chalice mining limited

Ann: Extensive Ni-Cu Soil Anomalism at Julimar, page-191

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,206 Posts.
    lightbulb Created with Sketch. 140
    Yes it can be played this way....if the market depth is shallow a large sell order can result in a larger fall in the price. The shakeout is designed to trigger stop losses, enabling them to accumulate more shares at a lower price. Than if they just tried to buy on market which would only drive the price up. If we look at the market cap and the volume, sales of only approx 16 Milllion dollars worth of share has knocked about 12 percent off the market cap.... which is hundreds of millions. There is a huge opportunity for arbitrage!
 
watchlist Created with Sketch. Add CHN (ASX) to my watchlist
(20min delay)
Last
$1.52
Change
-0.050(3.18%)
Mkt cap ! $591.3M
Open High Low Value Volume
$1.56 $1.58 $1.51 $5.400M 3.510M

Buyers (Bids)

No. Vol. Price($)
1 5000 $1.52
 

Sellers (Offers)

Price($) Vol. No.
$1.53 8171 2
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
CHN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.