you might be right and it may just be frustrated holders selling out but the sell into 15 and 16c off screen leaving no volume to buy back is what I see as let’s say a suppression of the SP, like you say not pip trading, the consolidation was meant to stop this but they have just created gaps meaning it can rise and fall 9% on $100 trades, volume is key, the SP will eventually right itself.
you might be right and it may just be frustrated holders selling...
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Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $15.30M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $18.01K | 140.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10233 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 60159 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| WSI (ASX) Chart |