ZMM 0.00% 1.1¢ zimi limited

true, but still sitting way under where big chunks could have...

  1. 1,022 Posts.
    true, but still sitting way under where big chunks could have been bought. Today if she sits, we have a 1,000,000 at 5.2, which looks on the face of it a serious bid, and why not, but when sitting in the 4.7 to 4.8 range, the 20,000,000 has positioned himself knowing he is not going to buy any large amounts. No stop losses will occur, unless people have programmed them overnight, and massive manipulation hits, so the agenda? well not too sure, but the bid, more than anything else in the last two days has driven the market higher. Strange strange strange. Why not buy 15,000,000 across the early five range with a chance at getting them, then bid 20,000,000 at 4.7 or 4.8 without any real fear of buying in. If news were imminent, and he believes so, or as some believe, there may have been a little leak in the boat, better to have 12,000,000 to 15,000,000 rather than the 1,5000,000 that he has gathered. Its not making clear sence nor giving me the conviction that he is genuinly trying to buy big re announcement. Just looks like manipulation, and what financial gain will come of it for the bidder????? Well only he knows the answer to that.
 
watchlist Created with Sketch. Add ZMM (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $1.357M
Open High Low Value Volume
1.0¢ 1.2¢ 1.0¢ $2.876K 266.4K

Buyers (Bids)

No. Vol. Price($)
2 91289 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 105334 2
View Market Depth
Last trade - 13.29pm 28/06/2024 (20 minute delay) ?
ZMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.