Yes, that is called a placing pump, huge amounts of pumping allowing placees a wonderful profitable margin to dump it all into! The big boys make the $$$ and the pi's ramped in in the .3's have either sold at eye watering losses or feel they need to hold through a 2/3 chance of failure to recoup their money.
As I said, it stinks, market showing 0 confidence an dumpers continuing to fill up the ask to remove their free money.
Ultimately it will come down to if it hits, 1 in 3 chance......red or black offers better odds haha, although not the upside admittedly.
Worst run into a drill in history.
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Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.00M |
Open | High | Low | Value | Volume |
2.9¢ | 2.9¢ | 2.9¢ | $580 | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 108472 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 116599 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 108472 | 0.028 |
3 | 285703 | 0.027 |
2 | 519269 | 0.026 |
2 | 1446923 | 0.025 |
1 | 400000 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 116599 | 2 |
0.030 | 518250 | 4 |
0.031 | 124751 | 2 |
0.032 | 219877 | 1 |
0.034 | 305334 | 1 |
Last trade - 10.35am 05/11/2024 (20 minute delay) ? |
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CND (ASX) Chart |