Well Chris, whomever dumped yesterday may turn out to be the most informed astute investor OR the dumbest- only time will confirm
As I’ve posted numerous times previously- imo it would take a massive set of gonads to short from 14 or sell . Imo anyone selling at 14 is desperate for cash and / or considerably short sighted
14 has stood as a rock solid support for a very long time- it has been tested time and again- yet still bounces
The play the last couple of days was to try and skirt the Xmas weak hands and they succeeded in getting a desperate to sell at 13.5 - TO NO AVAIL !!! - No SL”S were hit !!! There was NO strength in the move !!! and I suspect the orders will come in above 14 from now on ??
Just my analysis of the picture- doesn’t mean I’m right, however to me that push below 14 is broken -
If they want stock- I think they know time is not on their side
They , their , etc etc does not refer to some conspiracy or anything sinister - it’s not some group or groups that operate in some back end black market as some would think - it is however professionals and the like minded that mentally cannot accept buying “at market “ as in their opinion “ paying full price is below them “
Obviously this egotistical opinion only works for them in a static SP environment- which I think we all know is about to change
I do luv watching them chase their tails when they get beaten, and have to chase the SP higher- the old FOMO
Anyway - not a long time to wait now - ( I hope )
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $200.0M |
Open | High | Low | Value | Volume |
15.5¢ | 17.0¢ | 15.0¢ | $843.3K | 5.360M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 204087 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 32608 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 204087 | 0.155 |
4 | 146195 | 0.150 |
5 | 493500 | 0.145 |
4 | 328320 | 0.140 |
4 | 26592 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 117600 | 2 |
0.170 | 582969 | 15 |
0.175 | 820116 | 10 |
0.180 | 788649 | 10 |
0.185 | 270420 | 6 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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