Pumping happens ones the instos have already taken their position.
As we saw today, Commsec aka the public is still selling into the instos who are kindly obliging.
So your thought bubble of no pump yet but the price continues to rise seems true.
May be once they have had their fillings, they might pump it, but this rise is unlikely to be a pump.
Would we see a consolidation? Absolutely.
Do I know when it would happen? Absolutely not.
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23.0¢ |
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Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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23.5¢ | 444756 | 13 |
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No. | Vol. | Price($) |
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4 | 86498 | 0.230 |
3 | 155000 | 0.225 |
16 | 439886 | 0.220 |
14 | 751341 | 0.215 |
35 | 871743 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 360988 | 11 |
0.240 | 791244 | 17 |
0.245 | 612347 | 15 |
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