I’ve read the documents from moulis legal to Anti-Dumping Commission, three of them back in 2019. They went into great detail as you would expect and provided a fantastic outline of Bisalloy’s business.
I’ve seen the trading and I know for certain the bots are being deployed. I believe there is orchestrated selling which is taking some retail investors with it, plus maybe hitting the odd stop loss. Maybe even some margin selling. I know one broker had a list of 1,200 companies that have gone 100% and their clients have until the end of March to sell up. Bisalloy isn’t on that particular list.
I regard the volume as significant, other than that I agree with your post.
Ann: Half Year Accounts, page-4
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Last
$4.05 |
Change
0.040(1.00%) |
Mkt cap ! $193.1M | |||
| Open | High | Low | Value | Volume |
| $4.08 | $4.08 | $3.95 | $386.8K | 96.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 442 | $3.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.05 | 7901 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$4.01 |
Change
0.040 ( 0.50 %) |
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| Open | High | Low | Volume | ||
| $4.00 | $4.06 | $3.96 | 4897 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| BIS (ASX) Chart |