Steve, the tone this morning was set as soon as that person placed his/her 200,000 sell order at $1.10 or whatever it was. Before that order appeared the pre-open was showing $1.35. Was that retail or insto? The reality is that large orders have the capacity to influence other holders. To punters this morning it said, "This is going nowhere today, so I'm out. If you're smart you'll join me." And you know what? They did.
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50.0¢ |
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Open | High | Low | Value | Volume |
52.0¢ | 52.0¢ | 50.0¢ | $144.8K | 285.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Sellers (Offers)
Price($) | Vol. | No. |
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51.0¢ | 18501 | 2 |
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5 | 40164 | 0.500 |
2 | 45175 | 0.495 |
7 | 92583 | 0.490 |
3 | 10050 | 0.480 |
3 | 73803 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 18501 | 2 |
0.520 | 20000 | 1 |
0.525 | 3000 | 1 |
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