Hi,
I don't own PVE stocks but Fridays PVE trading got my curiosity.
I am not sure how, but could there somehow be a correlation between the fact that (going by the Commsec daily trades) there were 2 separate overseas crossing (XTOS) trades of 944,673 trades / $1,100,544.05 each pre market opening at 08.57.30am Sydney time?
Another consideration: is it possible that once the first low trades started it simply started firing stop losses / limit orders, which in turn simply continued to trigger the next stop losses down the line one after the other in sequence?
OBJ did something similar a couple of weeks back - dropped from 4.1c to 3.5c (firing 6 stop loss threshholds) then back up to 4.1c in the space of less than 1 minute. Pretty sure it wasn't panic selling,just stop losses being hit.
Sorry, I am new to the market and I can't fathom the logistics to Fridays PVE trading.
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- $2.2ml pre opening os trade, trig stop losses?
$2.2ml pre opening os trade, trig stop losses?
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Last
3.2¢ |
Change
-0.002(5.88%) |
Mkt cap ! $37.08M |
Open | High | Low | Value | Volume |
3.4¢ | 3.5¢ | 3.2¢ | $14.57K | 438.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 62200 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 394 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 62200 | 0.032 |
2 | 200000 | 0.030 |
1 | 400000 | 0.027 |
1 | 30000 | 0.025 |
1 | 84000 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 394 | 1 |
0.041 | 10000 | 2 |
0.044 | 34651 | 1 |
0.045 | 115349 | 1 |
0.050 | 30716 | 2 |
Last trade - 15.02pm 03/09/2024 (20 minute delay) ? |
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