I have no idea why the US fund is selling when oil majors are moving into the Phillipnes like it is the new oil frontier - perhaps the fund are in trouble ?
All the same, it is no mystery who has been selling large amounts in the recent past . When I look at 15-17 cents in the depth I can also safely assume that there are tick traders (including T3 traders with time restraints) looking for a quick scalp. It happens .
But you can't ignore the question, where have all the bulk shares gone when the price has fluctuated in such a tight range ? Is there a company that has held off disclosing it's substantial ownership, or is there multiple trading accounts that have been used to keep seperate ownership under 5%.
I have no idea why the US fund is selling when oil majors are...
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Last
67.0¢ |
Change
0.015(2.29%) |
Mkt cap ! $152.4M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 67.0¢ | 66.0¢ | $39.28K | 58.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 27118 | 2 |
View Market Depth
| Last trade - 15.32pm 11/07/2025 (20 minute delay) ? |
| NDO (ASX) Chart |