Must have been a day trader who made his $10,000 for the day by buying 500k shares at 29.5 cents and selling at 31.5 cents.
He probably does not have the $150k to pay by holding overnight.
You may think he is silly, but he/she is laughing all the way to the bank.
And he/she will do this tomorrow too, for several days as the SP edges towards all time high. The only danger is an overnight Nasdaq bomb and the SP opens at 5 cents higher.
buy signal?, page-27
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 (20min delay)
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Last
35.5¢ |
Change
0.015(4.41%) |
Mkt cap ! $515.6M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 36.0¢ | 34.0¢ | $1.270M | 3.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 286261 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 253490 | 7 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| IMM (ASX) Chart |