Volume isn't irrelevant at all, and in the case this "entity" offloading is reducing their holdings, then they don't hold enough to have majority holders privilege which typically gives them access to insider information. I'm not sold on the idea of a "serious offload" based on insider.
Ann: Revised Securities Trading Policy, page-94
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2858857 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 925931 | 6 |
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