I'm going to get completely slammed with this post but I have to say it.... sorry.
I feel that IF (I'm not sure that it is) the two are linked then it is a seller selling large amounts rather than someone with deep pockets buying and here is my reason for this comment....
The bot comes in and buys 31249 shares doing his triangle thing at 11 cents. While he is doing that the average punter out there is thinking "Mmmm I will put my order in at 10.5" and so another one goes on the list on the bids column. This happens and more and more people are wanting to buy at 10.5. The BOT then dumps his million odd shares at 10.5 and immediately gets his triangle BOT buying into gear, which makes it look like the price of 11 cents is holding. Which then causes more people to put orders in at 10.5.
I am very bullish about PEN and believe that there is such a good future for us. The above in no way diminishes my views of PEN, If some big holder wants out then sobeit.
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Last
9.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $312.3M |
Open | High | Low | Value | Volume |
9.9¢ | 10.5¢ | 9.8¢ | $2.048M | 20.49M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 628476 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 983486 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 628476 | 0.098 |
2 | 300000 | 0.097 |
4 | 443332 | 0.096 |
13 | 962304 | 0.095 |
3 | 837848 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 983486 | 7 |
0.105 | 9302657 | 49 |
0.110 | 3892792 | 38 |
0.115 | 3381918 | 21 |
0.120 | 5128739 | 34 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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PEN (ASX) Chart |