MTC metalstech limited

[ATTACH] Why would anyone place their sell order at one pip...

  1. 264 Posts.
    lightbulb Created with Sketch. 64
    Screen Shot 2018-09-07 at 1.05.34 pm.png

    Why would anyone place their sell order at one pip under the next cheapest seller (at 9.3c) and wait for it to get filled, when they can do what this person did today? Why not sell your $3500 parcel for 10% cheaper than last traded (and the prices anyone else is willing to sell) and burn hundreds of dollars?

    Either we've found the worst trader in the history of the world, or someone is setting up some bait to try and scare other people into selling to them at silly prices again. Hasn't worked yet:

    Screen Shot 2018-09-07 at 1.14.26 pm.png
    Last edited by Jarama: 07/09/18
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
13.5¢
Change
-0.005(3.57%)
Mkt cap ! $29.97M
Open High Low Value Volume
13.5¢ 14.0¢ 13.5¢ $26.93K 199.3K

Buyers (Bids)

No. Vol. Price($)
1 13897 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 251204 2
View Market Depth
Last trade - 15.37pm 25/07/2025 (20 minute delay) ?
MTC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.