1MC 0.00% 4.4¢ morella corporation limited

There is some big sellers out there at the cheap prices: Of the...

  1. 133 Posts.
    lightbulb Created with Sketch. 18
    There is some big sellers out there at the cheap prices:
    Of the easily counted big orders:
    .125: 1mil sell order
    .13: 2mill sell order
    .135: 1.4m sell order (2x750k)

    I think we are seeing massive sell pressure as the 'sophs' who bought in trying to offload for roughly the same price to get some free options.

    My guess: price will be suppressed for next few weeks while they try to sell out, however it won't drop much below .125 as they don't want to make a loss (factoring in option sell prices)...that said, other people might catapult it lower.

    My 2c of understanding the shenanigans going on.

    Or it could be just regular people trying to play the market: there is a 1m buy order at .12 (corresponding to the 1m sell order at .125)
    Last edited by Mindbender: 20/02/19
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
4.4¢
Change
0.000(0.00%)
Mkt cap ! $10.87M
Open High Low Value Volume
4.3¢ 4.4¢ 4.3¢ $4.318K 99.90K

Buyers (Bids)

No. Vol. Price($)
2 94221 4.3¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 44201 1
View Market Depth
Last trade - 16.10pm 30/07/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.