Clybigz i actually think this is a positive - only someone disclosing 5m shares to sell at 6.5c which was more than volume traded on day is looking to cap the share price.
An institutional investor would not do this if they were looking to sell some BCB !
Further more in the match on Friday there was a buyer for 1m at 6.5c and i personally bid for 1m at 6.3c
Any normal person wanting to sell would have hit the bid at 6.3c in match and sold over 3m shares - clearly they didnt want to sell
i have noticed this many time in recent weeks where large volume on sell side appears around 3.45pm
Again they could have sold all this late volume at any point during the day
SOMEONE IS LOOKING TO BUILD A POSITION AT THESE DEPRESSED PRICES
i have used the same strategy working for large institutional investors
Clybigz i actually think this is a positive - only someone...
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Last
5.4¢ |
Change
0.001(1.89%) |
Mkt cap ! $153.5M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 5.1¢ | $211.5K | 3.962M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 44967 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 600000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
5.3¢ |
Change
0.001 ( 1.85 %) |
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| Open | High | Low | Volume | ||
| 5.3¢ | 5.5¢ | 5.2¢ | 712811 | ||
| Last updated 15.58pm 09/05/2024 ? | |||||
| BCB (ASX) Chart |