ok so perhaps we wont see $1 this week :)
Just a thought, in my opinion the sell down patterns have been suspicious. With the 5 weeks or so of constant selling pressure with some big volumes coming through at times, the big players don't seem to be dropping many shares themselves. This is noted thanks to Agent Coopers previous post - I also note some of the big trade volumes where a mil shares change hands in a relatively quick market trade, also been happening for other big chunk amounts 500k, 350K etc.
The thought I have surrounds Tax time, and the possibility of one or a couple of the big instituions holding the stock and churning them at lower rates in preparation to either balance their books or lower their gains for the Financial year. Anyone have thoughts on this 'out there' conspiracy theory?
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Last
7.5¢ |
Change
-0.004(4.46%) |
Mkt cap ! $80.92M |
Open | High | Low | Value | Volume |
7.8¢ | 7.9¢ | 7.5¢ | $17.77K | 231.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 7.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.8¢ | 15360 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.073 |
2 | 267000 | 0.071 |
3 | 147701 | 0.070 |
2 | 115384 | 0.065 |
1 | 120000 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.078 | 15360 | 1 |
0.079 | 224701 | 1 |
0.080 | 50000 | 1 |
0.081 | 312804 | 2 |
0.082 | 200000 | 2 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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