Why so many sellers?

  1. 1,052 Posts.
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    Wondering if anyone has any insight into why there may be so many sellers in the .008 - .009 range??

    I know there is a bit of pip/swing trading going on here but really, the limited liquidity doesn't seem to make it worth having funds tied up for this purpose alone.

    It does seem the SP has been captured by the players.
 
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(20min delay)
Last
2.7¢
Change
-0.001(3.57%)
Mkt cap ! $15.67M
Open High Low Value Volume
3.0¢ 3.0¢ 2.7¢ $19.70K 686.5K

Buyers (Bids)

No. Vol. Price($)
1 106115 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 51879 2
View Market Depth
Last trade - 15.29pm 15/07/2025 (20 minute delay) ?
ADX (ASX) Chart
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