Management aren't trying to weed out weak hands anymore than they care about SHs or SH value. What they do care about is their own profits and of course, to get their bonuses they will need to hit 3c (or is it 5c?) And SH will benefit in the wash if they time their outs well enough.
I think the selling at 0.009c is just bots and "higher ups" machine trading (although volumes being poor questions this theory)
What MGMT must be aware of is the fierce selling war that will happen at 3c - 5c as disgruntled LT holders jump ship and will need to bolster ongoing demand to surmount this.
There is the fact that humans are greed driven however, and who will keep their cool is the SP shoots past this range?
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $21.74M |
Open | High | Low | Value | Volume |
1.2¢ | 1.4¢ | 1.2¢ | $45.76K | 3.595M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 429816 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 240972 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 531343 | 0.012 |
2 | 1100000 | 0.011 |
6 | 1643792 | 0.010 |
15 | 4867428 | 0.009 |
12 | 28310928 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 240972 | 4 |
0.015 | 21890 | 1 |
0.018 | 55474 | 1 |
0.019 | 1000000 | 1 |
0.020 | 971200 | 4 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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