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$2.20 metrics income opportunities trust

Ann: Daily Fund Update, page-25

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minoil

10,912 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 $2.20		Change 0.000(0.00%)		Mkt cap ! $728.5M

Open	High	Low	Value	Volume
$2.21	$2.21	$2.20	$513.5K	232.8K

Buyers (Bids)

No.	Vol.	Price($)
31	595782	$2.20

Sellers (Offers)

Price($)	Vol.	No.
$2.21	466500	14

View Market Depth

No.	Vol.	Price($)
31	595782	2.200
14	346981	2.190
13	218792	2.180
7	54713	2.170
4	69977	2.160

Price($)	Vol.	No.
2.210	466500	14
2.220	447317	16
2.230	194116	8
2.240	204627	8
2.250	123394	8

Last trade - 16.10pm 17/05/2024 (20 minute delay)


Last $2.21			Change 0.000 ( 0.44 %)
Open	High		Low	Volume
$2.20	$2.21		$2.20	291416
Last updated 15.59pm 17/05/2024 ?

MOT (ASX) Chart