See all those millions worth of shares stacked on the buy side between 15c-16.5c? Those ain’t retail buyers. IMO it’s the instos putting up a wall to stop this from dropping, and are buying up shares around the SPP price, should retail holders sell at those levels.
Why do I believe this? Over the last few month, every time there was a positive ANN, millions of shares would stack up on the sell side, preventing the SP to rise. Funny how all of a sudden those millions of shares aren’t on the sell side now.
Just a theory, and by no means accurate. But an observation I’ve made, and others have echoed over the last few months.
Have comfort in the flip of shares stacking the buy side. Someone wants an easy in imo.
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $443.5M |
Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 18.0¢ | $43.04K | 233.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 578933 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 1050761 | 31 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 578933 | 0.180 |
27 | 754255 | 0.175 |
23 | 763811 | 0.170 |
24 | 1330225 | 0.165 |
26 | 1143337 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 1050763 | 31 |
0.190 | 1312782 | 24 |
0.195 | 861667 | 19 |
0.200 | 1479404 | 21 |
0.205 | 599961 | 7 |
Last trade - 11.25am 08/10/2024 (20 minute delay) ? |
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ARU (ASX) Chart |