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3.7¢ pointerra limited

The 1,000,000 dump on the close yesterday plays into this.

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Hogana123

840 Posts.

255

14/03/23

10:35

Post #: 66750202
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Originally posted by writer: ↑

IMO this is being raided.

Forced cascading selling on open, once it was below 9.0 cents a single 427k sell appeared on the ask. Panicked sellers kept jumping over it selling down to 8.6 cents.

Immediately 1.097M shares had been accumulated @ VWAP 9 cents, the 427k sell was pulled and immediate support bids built to over 1M forcing price back up into the 9's.

Job done. Again.

As it has been the past few trading days.

Either that, or SP is being worked to lower for purposes of CR, with the same aim of discount to VWAP, more bang for your buck in a raise.

Or it's just pro traders grabbing a bargain and fleecing panicked retail in the process.

Impressive to watch in real time whatever it is.

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The 1,000,000 dump on the close yesterday plays into this.

3DP Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.7¢		Change 0.000(0.00%)		Mkt cap ! $27.48M

Open	High	Low	Value	Volume
3.6¢	3.7¢	3.6¢	$4.712K	127.9K

Buyers (Bids)

No.	Vol.	Price($)
2	166535	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	885471	3

View Market Depth

No.	Vol.	Price($)
2	166535	0.037
10	701280	0.036
9	927599	0.035
3	128000	0.034
7	1237862	0.033

Price($)	Vol.	No.
0.038	885471	3
0.039	6569	1
0.040	64908	5
0.041	110000	1
0.042	87922	1

Last trade - 15.08pm 14/05/2024 (20 minute delay)


Last 3.7¢			Change 0.000 ( 1.33 %)
Open	High		Low	Volume
3.7¢	3.7¢		3.6¢	148689
Last updated 14.42pm 14/05/2024 ?

3DP (ASX) Chart