IMM 1.75% 28.0¢ immutep limited

accumulation???

  1. 108 Posts.

    For several weeks now there has been a consistent buy/sell pattern which is now starting to raise my eyebrows just a little.

    Before anyone jumps in and says what nonsense - have a think about the following

    Typically the strength of the buy and sell sides changes little. The volume on each side remains pretty constant. Today is a good example. Approx 15 mil shares traded and the buy/sell levels remain constant. i.e. the same as at the start of the day.

    If day traders are really playing with the stock I tend to think the buy/sell sides would fluctuate somewhat more (happy to be corrected on this)

    There are demand/buy patterns which fluctuate very quickly in response to supply/sell strength (nothing unusual in this but I sense a little more cute than usual)

    There has been in my view a consistent pattern of small trade parcels followed by a single large parcel but rarely a large parcel followed by another large parcel

    Could there be a loose group accumulation going on i.e. not contravene ASX rules

    Could some legitimate manipulation of SP be occuring?

    Random thoughts which I will probably get shot down over but thrown out there for thought.

    Cheers

    Buster
 
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Last
28.0¢
Change
-0.005(1.75%)
Mkt cap ! $406.7M
Open High Low Value Volume
29.0¢ 29.0¢ 27.5¢ $1.341M 4.777M

Buyers (Bids)

No. Vol. Price($)
6 167966 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 138542 5
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Last trade - 16.10pm 04/07/2024 (20 minute delay) ?
IMM (ASX) Chart
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