There may be a dedicated big buyer who has been accumulating (and there probably is) but extra volume is being generated by a handful of side bets from people who have jumped aboard to play the pip-cycles (buying low and selling high - to make 1 to 2 cents on each cycle).
So, while the volume looks impressive, a fair chunk is the same money going round and round.
It's not a bad strategy but too tedious and risky for my liking.
There may be a dedicated big buyer who has been accumulating...
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $451.3M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 21.5¢ | $2.863M | 12.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 136498 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 444756 | 13 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |