DRX diatreme resources limited

false depth guage

  1. 567 Posts.
    I've been wondering why there is such a disparity between the buy and sell side in the depth for this stock.

    Today I scrolled right down to the bottom of the buy side and, lo and behold, a 2 million buy order at $0.001. The next level is $0.08.

    How is that 2 mill order allowed to stand? If i tried to place an order at the same price it would be disallowed because it is too far away from the current price.

    If you take that order out of the depth as being irrelevent, which it is except for creating a false depth statistic, the depth on the buy /sell is pretty evenly balanced and explains why the stock is moving very little in recent times.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.0¢
Change
0.000(0.00%)
Mkt cap ! $100.1M
Open High Low Value Volume
2.0¢ 2.0¢ 1.9¢ $16.51K 827.7K

Buyers (Bids)

No. Vol. Price($)
15 6581536 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 358069 3
View Market Depth
Last trade - 15.57pm 16/09/2025 (20 minute delay) ?
DRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.