"Anyway, its interesting to see the prop orders in play at 10 and 10.5 cents. Its odd to see such high volume, yet these investors are not willing to jump their competition to buy the limited shares at 11 cents or above.
@R08 why would this be occurring? protecting the SP for a placement? "
We have seen protectant price wedges on WKT for a while now. They are easily spotted. There is no capper above indicating a severe lack of accumulation. So yes, the rational argument would be that the 10c and 10.5c buy line volumes are props placed in order to keep the price higher.
"Anyway, its interesting to see the prop orders in play at 10...
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $70.48M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.9¢ | $47.97K | 474.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 170000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 200813 | 4 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| WKT (ASX) Chart |