Not as tight as it used to be kiwiaussie.
My simplistic view of the low volume is that there are simply very few holders that are interested in selling. Most of us will know and appreciate why this is so.
The few trades that do go through are clearly algorithm trades as they are the only ones that are allowed to trade under the minimum parcel that applies to retail investors. Level playing field it is not. On that note I see the High Court today has ruled that "the buying and selling of shares on the Australian Securities Exchange to create or maintain a share price is an offence of market manipulation"
http://www.businessspectator.com.au/news/2013/6/28/asx/high-court-ruling-expands-concept-market-manipulation
Can a computer be charged with market manipulation???
Looking forward to year end results and hopefully an extension of mine life.
$A helping.
Not as tight as it used to be kiwiaussie.My simplistic view of...
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $634.5M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $1.106M | 4.915M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 176953 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 40304 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BCI (ASX) Chart |