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 -
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 -
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OK so - is it selling or buying - the person that is picking up...
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Last
1.3¢ |
Change
-0.002(10.3%) |
Mkt cap ! $53.81M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.3¢ | $31.92K | 2.358M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 5457324 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 2280158 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 5377324 | 0.013 |
23 | 8986744 | 0.012 |
27 | 9046769 | 0.011 |
17 | 6085149 | 0.010 |
8 | 3052219 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 2280158 | 5 |
0.015 | 7518389 | 9 |
0.016 | 6698098 | 17 |
0.017 | 1319900 | 3 |
0.018 | 1722467 | 15 |
Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
1.3¢ |
  |
Change
-0.002 ( 7.14 %) |
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Open | High | Low | Volume | ||
1.4¢ | 1.4¢ | 1.3¢ | 1238780 | ||
Last updated 15.59pm 03/06/2024 ? |
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