VTG 0.00% 8.1¢ vita group limited

all buy no sell

  1. RKS
    573 Posts.
    Looking at the depth for VTG, there are almost all buyers (415,914 shares sought) and no sellers (91,079 shares offered). That's more than four to one buyers to sellers.

    My guess is that the SP will take off quite steeply as once a relatively few shares sell the price will spike quite a bit eg there is nothing at all for sale at 25.5, 26 or 26.5c, 27.5 or 28c, 29.5c, 30.5~33c.

    The last share trade was at 22c, the next shares for sale are at 25c (just 4,761 shares) and then nothing until 27c (30k shares).

    There is a very real chance that the buy side could dry up completely - I've seen this happen before. Then you put in a bid and hope for the best :(

    But everything could change tomorrow (yes, this is the stock market), so don't forget to DYOR.

    Robert
 
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Currently unlisted public company.

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