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$2.19 metrics income opportunities trust

Ann: Daily Fund Update, page-25

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minoil

10,917 Posts.

897

15/06/22

18:56

Post #: 62020450
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Originally posted by Dribs ↑

I was watching the order book for most of the afternoon, it looked to me to be more like someone with deep pockets accumulating while taking advantage of the fear/sell down.

If you look at 12pm-1pm, which was the highest volume hour, the price held pretty tight. It was sandwiched between a 1.87 buy wall and a 1.875 sell wall for a while. Sellers were listing @ 1.8725 and it was getting snapped up instantly (which makes me think it was a bot). Every time the 1.87 wall was chipped at, they would reload the order. Somewhere amongst all the noise there was also a ~$400k or so order @ 1.88 in a single buy. There was also a lot of repeated buy orders in the book earlier in the day on the way down. It could just be a market maker, I don't know.

The buyer then stopped reloading the wall and price started to continue down under relatively low volume, and that's about when I stopped watching.

Anyway, disappointing day but if the bulls can get past the 1.89 sell wall, there's a good chance it will gap up to 1.95 given there's nothing in between

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Yes...
At 12.30, a $376K buy and also at 3.20 a buy for $303K
Definitely interesting, though depressing.
I did add a few today, but a couple of days of stable nta reporting may change the sentiment

MOT Price at posting: $1.84 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $2.19		Change 0.010(0.46%)		Mkt cap ! $725.2M

Open	High	Low	Value	Volume
$2.19	$2.20	$2.18	$660.4K	301.6K

Buyers (Bids)

No.	Vol.	Price($)
5	63500	$2.18

Sellers (Offers)

Price($)	Vol.	No.
$2.19	4056	1

View Market Depth

No.	Vol.	Price($)
5	63500	2.180
11	78147	2.170
12	240354	2.160
11	145000	2.150
4	29770	2.140

Price($)	Vol.	No.
2.190	4056	1
2.200	106722	6
2.210	123290	11
2.220	72542	6
2.230	307114	5

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last $2.19			Change 0.010 ( 0.69 %)
Open	High		Low	Volume
$2.19	$2.19		$2.18	19206
Last updated 15.58pm 07/06/2024 ?

MOT (ASX) Chart