AZY 8.33% 1.1¢ antipa minerals limited

OK so - is it selling or buying - the person that is picking up...

  1. 12,235 Posts.
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    OK so - is it selling or buying - the person that is picking up the shares that are being sold is offering 1.25 - so they are picking up what is being sold in front of the big bid sitting at 1.2= make sense ?
    If they went in and linewiped they might attract attention and create volume which the scans and then the traders would notice pretty fast...
    Could be selling in small parcels - but that does not make sense here ..The thing I am struggling to explain is the 20k parcels - any way it is being done in a way that is trying not to attract attention.

    The chart is now right at the point where it is has broken the downtrendline and is retesting that- the volume is lowering so that would indicate there are less and less sellers here. RSI flat and holding even - macd tight - Probs best to look at the chart - of course there is a change in the behaviour in the depth - it was only 3.8 mill traded today - so that is not a big amount - either way - smile.png
    Quiet often in the past the tactic would be to dump into the bid - if they are selling to themselves then they also pick up any nervous volume in that - however that is not really working that well currently - Musings -
    https://hotcopper.com.au/data/attachments/6111/6111683-dfbe77127a9838a94bc00085d171fcbc.jpg

 
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Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $47.55M
Open High Low Value Volume
1.2¢ 1.2¢ 1.1¢ $190.7K 17.34M

Buyers (Bids)

No. Vol. Price($)
36 10118854 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 268369 1
View Market Depth
Last trade - 14.48pm 01/05/2024 (20 minute delay) ?
Last
1.1¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
1.1¢ 1.1¢ 1.1¢ 8030269
Last updated 15.18pm 01/05/2024 ?
AZY (ASX) Chart
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