I think there's a big difference in thinking. If someone is trying to build a position of a few hundred grand or $1m+, you average buy to get what you want. So you just buy every day and take volume where you can get it
If your talking buying $20k or whatever (ie retail / day trader) then yeah you keep away, which is probably more your argument
We're talking different leagues here. You are not taking into account liquidity
This stock is very much the former now. If anyone wants to build a substantial position you have to constantly buy each day to build a large parcel
I think there's a big difference in thinking. If someone is...
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Last
8.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $190.4M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 143677 | 8.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.7¢ | 19858 | 1 |
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| Last trade - 09.00am 29/07/2024 (20 minute delay) ? |
| STK (ASX) Chart |
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