Guys I wouldn’t put too much emphasis on that large order at 40c even if it doesn’t get pulled and gets chomped on market we’ll never know for sure but it’s very likely just moving from the left hand to the right, and the only reason it would be placed on market like that would be to try and cap the price IMO, otherwise it’d be off screen as an iceberg.
I see it as a positive that it’s there, not a negative, like bait…tempting someone to just come along and wipe the lot…that would be nice now wouldn’t it.
with bugger all on market above why wouldn’t the order be spread between 40-50 cents, they might pin the price here until enough people fill the order book above to make the move worth while, no point taking it higher if there are no shares on offer for accumulation.
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