AEI 6.35% 6.7¢ aeris environmental ltd

I wouldn't worry too much about the absolute total volume...

  1. 22 Posts.
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    I wouldn't worry too much about the absolute total volume between bid/ask. One thing I take note of is the bid volume size close to the current price. In this case, the bids from 0.665+ would indicate to me some pent up demand. While on the ask side, volume seems lighter close to the current price but a fair chuck of sellers around 0.73. It would take quite some buyers demand to push through 0.73

    One thing you dont know about the bid/ask volumes are brokers using algorithm trading systems or dark pools which hits the bid/ask when prices move or based on a strategy. If a client has a large order and want to work the order throughout the day without impacting the price, they could hit the bid/ask every couple of minutes without showing their intention. They can set limits on sell/buy orders, i.e. dont sell below price xyz or buy over price abc. You will never know as it's not shown on the volume screen.
 
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Last
6.7¢
Change
0.004(6.35%)
Mkt cap ! $16.46M
Open High Low Value Volume
6.7¢ 6.7¢ 6.7¢ $1.34K 20K

Buyers (Bids)

No. Vol. Price($)
1 10000 6.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 28900 1
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Last trade - 11.44am 26/08/2024 (20 minute delay) ?
AEI (ASX) Chart
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