I can’t figure out the trading patterns in PAA these last few weeks, it makes no sense. If I was a buyer I’d be sitting tight and watching, in the absence of news, the increase in supply by long term holders when the SP inches lower, as it will would go sub 30c easily if there was FOMO on locking in 3-400% gains.
BUT, the SP maintains 35cents+, as buyers come in and buy at levels 30-40% higher than they could be paying. End of day trading is ridiculous.
What is it? Manipulation for nefarious means? Friends and relatives of the 12 buying whenever they can? Traders having a bit of fun?
All very weird post-NZT.
I can’t figure out the trading patterns in PAA these last few...
Add PAA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $86.90M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 25000 | 1 |
View Market Depth
| Last trade - 10.40am 08/05/2024 (20 minute delay) ? |
| PAA (ASX) Chart |
Day chart unavailable