Well Bellas..
You may be right.
Interesting thing is it is the same seller/buyer.
'What happened was that other intending buyers knew they had no hope in the match unless they offered a higher price than the 107,000 buy, so they offered more .......'
why on earth wwould you JUMP....this buyer....surely you would wait....it traded less than 5.10 for the last 2 hours???
Why the rush to catch a falling knife if what you say is right....it has been trending down?
It will all be revealed soon enough...this rort has been controlled for the sole purpose of the accumulator getting his fill.
Why set the buy at 5.10 and then who , based on it's descending price would want to jump above this figure to grab 40,000 at 4.12?? If all those sellers between 5.11 and 5.14 and there was well over 100k could have ALL SOLD... AT 4.12 THEY WOULD HAVE RECEIVED 5.10 IF THEY GOT TAKEN OUT ...... AND THERE WAS A BUYER FOR THEIR STOCK AT 5.10... no stress no head ache out for 500k but no they chose to sell 0 512,000 or 500,000 now.
You be the person selling i would gladly have moved on in this scenario surely any person in their right man would have too?
So why not...simply it was FICTICIOUS ON BOTH ENDS.
Let's revisit this in a week or so when whoever it is eventually has to show their hand... then Bellas we will study the course of trades that sees them get to their substantial holder number and we can double check our differing theories.
Any theories as to why 800k traded in first hour and we hit 5.16.......then spend the next 5 hours trading around 250 k and the SP goes back to 5.07?
That's right i forgot the ascendng triangles, elliot waves, fibornacci ,67.86A% retracement, bollinger bands all got met and there was no more buyers just loads of sellers
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452,000 disappearing seller, page-21
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Last
$1.40 |
Change
0.015(1.09%) |
Mkt cap ! $1.087B |
Open | High | Low | Value | Volume |
$1.36 | $1.40 | $1.36 | $5.052M | 3.671M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 279 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.40 | 45671 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 279 | 1.395 |
2 | 30000 | 1.385 |
2 | 77699 | 1.380 |
1 | 1642 | 1.370 |
3 | 7093 | 1.365 |
Price($) | Vol. | No. |
---|---|---|
1.400 | 44671 | 5 |
1.405 | 81958 | 4 |
1.410 | 90654 | 5 |
1.420 | 28150 | 4 |
1.430 | 5660 | 1 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
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KAR (ASX) Chart |