Hi Smithy
Can be two things impatient holders wanting to sell their position, which doesn't make sense as they could have sold at any point today into 2.5c. The other more likely explanation is someone putting pressure on the share price to manipulate the price down to accumulate shares at a cheaper share price.
At the end of the day they will get their fill and take the brakes off, IMO probably has something to do with those 5m sell orders that get moved around all the time, some get filled others are pulled. Patience is the key here and I believe long term holders will reap very good returns from this stock.
Gb
Hi Smithy Can be two things impatient holders wanting to sell...
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Last
36.0¢ |
Change
0.010(2.86%) |
Mkt cap ! $182.7M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 36.0¢ | 35.0¢ | $42.16K | 119.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 20682 | 1 |
View Market Depth
| Last trade - 15.32pm 04/07/2024 (20 minute delay) ? |
| AKM (ASX) Chart |