in my opinion
it's because 17-21 has a higher percentage return then 30-34
17-21 is about 21 %
and 30-34 is about 12%
for example if it was a big Green Day the day before and they only want 2% a day, with 252 trading days they can achieve 300% plus per year only issue is CGT
so let's hypothetically say we look for a company with high volume and a lot of discussion they know the volitility is high, so the next day they set big sell blocks so even if they sp touchs the big sell order it pushes the sp in the other direction, it's all to do with buying vs selling, and also if they say place big blocks at 21 or wherever else it makes people hesitant to buy knowing the big block at say 21, so they ride the swing and vice versa after a big red day but in reverse
i am long so I don't really care but I once done a day trading course and that's there strategy, they try manipulate the share price, I know when I see the block at 21c I ain't purchasing more around 19-20
it's all manipulation and the people with the money do this often, they are pests but that's the influence of having alot of capital
with the MC and the potential of lithium globally, this should never be at the so, it will overwhelmingly grow but they will be day trading between there channels for a while,
it's the perfect company to do it to as it has heaps of potential and is a great price to get quick wins
like I said tho the CGT would be a nightmare
to push this up we need to do this![]()
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Last
2.4¢ |
Change
-0.002(6.00%) |
Mkt cap ! $247.0M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.4¢ | $449.1K | 18.63M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
51 | 13387587 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 2122602 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
51 | 13387587 | 0.023 |
23 | 6778409 | 0.022 |
20 | 3148924 | 0.021 |
48 | 8776098 | 0.020 |
6 | 5071643 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 2122602 | 12 |
0.025 | 4339531 | 22 |
0.026 | 7103913 | 13 |
0.027 | 8165504 | 29 |
0.028 | 6745465 | 29 |
Last trade - 15.05pm 05/09/2024 (20 minute delay) ? |
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