PVE po valley energy limited
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$2.2ml pre opening os trade, trig stop losses?

  1. JodyP
    113 Posts.
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    17/04/10
    16:38
    Post #: 6586474
    Hi,
    I don't own PVE stocks but Fridays PVE trading got my curiosity.

    I am not sure how, but could there somehow be a correlation between the fact that (going by the Commsec daily trades) there were 2 separate overseas crossing (XTOS) trades of 944,673 trades / $1,100,544.05 each pre market opening at 08.57.30am Sydney time?

    Another consideration: is it possible that once the first low trades started it simply started firing stop losses / limit orders, which in turn simply continued to trigger the next stop losses down the line one after the other in sequence?
    OBJ did something similar a couple of weeks back - dropped from 4.1c to 3.5c (firing 6 stop loss threshholds) then back up to 4.1c in the space of less than 1 minute. Pretty sure it wasn't panic selling,just stop losses being hit.

    Sorry, I am new to the market and I can't fathom the logistics to Fridays PVE trading.
    PVE Price at posting: 80.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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4.2¢ 		Change
0.002(5.00%) 		Mkt cap ! $48.67M
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4.2¢ 82598 1
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Last trade - 12.02pm 17/09/2025 (20 minute delay) ?
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