share price were in the 11-12.5c range but when Trafigura start selling on 1/8 it went up to 14c+ without news
the average price is 14c, sold 3.2m+ shares which is higher than the average daily volume
then PFS released on 5/8
but the s/p didn't go up much, so they decide to continue the selling
again, the price range was 11.5c-13.5c after the PFS released
but when they sold again on 7/8 their average sell price was 14.5c
higher than the range
so this shows that the price has been pushed up higher by the sub holder, and probably the buyer(s) were known to the seller too?
if not, when the s/p is in a consolidated range, price and volume will not break above/below the range, unless someone know something is coming or has the intention to manipulating the price direction.
after 7/8 they continue to sell for couple of days but the price still couldn't break higher
then China announced export control news on 14/8 and the s/p still didn't move higher
finally on 16/8, the s/p jumped up to 18c, so they stop selling, the company then announced
this news to ASX to drive the price higher
so without this news, I believe it will be capped below 15c
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Last
39.5¢ |
Change
0.020(5.33%) |
Mkt cap ! $122.4M |
Open | High | Low | Value | Volume |
37.0¢ | 42.0¢ | 37.0¢ | $995.9K | 2.492M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 56896 | 39.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 56896 | 0.395 |
4 | 45985 | 0.390 |
2 | 16011 | 0.385 |
3 | 54011 | 0.380 |
2 | 21981 | 0.375 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 10000 | 1 |
0.405 | 24011 | 2 |
0.410 | 55011 | 5 |
0.415 | 183011 | 4 |
0.420 | 137215 | 7 |
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