GAS 0.00% 5.4¢ state gas limited

Ann: Gas flow-rates at 358k scft/day triggers a strategy review, page-28

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,555 Posts.
    lightbulb Created with Sketch. 457
    Just to explain a bit further what i think I am observing (I used to be an institutional trader in my younger days when you used to flush out hidden buyers and sellers).
    There are about 5 genuine sellers left on GAS at higher price levels than the last sale price.
    The capper has included about 8 additional small sell orders at levels closer to the last price to make it out as there are a fair few sellers so any new sellers are putting their sell orders lower to get their trade completed.
    If one of two of his small sell orders get taken out, he removes his other orders until the buyer moves up, then comes out and pushes the price back down and then puts all his smaller sell orders back on again as any new buyers back off again.

    I help this helps explain what I am seeing. But it could all be just co-incidence.

    So, you make up your own mind.
    Last edited by ronme: 17/03/23
 
watchlist Created with Sketch. Add GAS (ASX) to my watchlist
(20min delay)
Last
5.4¢
Change
0.000(0.00%)
Mkt cap ! $20.48M
Open High Low Value Volume
5.6¢ 5.6¢ 5.4¢ $19.47K 353K

Buyers (Bids)

No. Vol. Price($)
3 137017 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 192999 2
View Market Depth
Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
GAS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.