I understand and respect your theory ST however I can't agree. I watched that 6.7m building yesterday, and it's not one big seller/capper. it's 25 sellers at an average 268k shares each.
I believe it is just short termers who bought at 10cps looking for a 10% gain.
can it hold 10cents?, page-3
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 (20min delay)
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Last
43.5¢ |
Change
0.015(3.57%) |
Mkt cap ! $619.6M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 44.0¢ | 41.5¢ | $1.416M | 3.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38735 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 41215 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |