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The jump this afternoon may suggest the bigger seller(s) have...

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scottm

2,137 Posts.

459

12/04/24

16:31

Post #: 73319467
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Originally posted by goedy: ↑

Definitely a larger player offloading atm. This person deliberately waited for almost 2 hours for the bid to build at 4.9 before taking all of it out. Depending on the size being shifted AND the illiquidity of the stock this will annoyingly put a cap on movement until they are gone. Then again its not like people are queing up to buy either.

Given the production record I personally think this is pretty short sighted BUT I dont know the full picture in terms of costs.

Either way once they start showing profit its a gimme to start purchasing because, try as they as might, the market cannot ignore net money flowing into the bank for long.

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The jump this afternoon may suggest the bigger seller(s) have finished. Lets hope so.

EQR Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.4¢		Change 0.000(0.00%)		Mkt cap ! $90.84M

Open	High	Low	Value	Volume
4.4¢	4.5¢	4.4¢	$30.18K	681.6K

Buyers (Bids)

No.	Vol.	Price($)
1	250000	4.4¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	170999	1

View Market Depth

No.	Vol.	Price($)
1	250000	0.044
3	188279	0.043
5	1717618	0.042
5	1426584	0.041
1	5000	0.040

Price($)	Vol.	No.
0.045	170999	1
0.047	25000	2
0.048	105000	3
0.049	69564	4
0.050	165000	2

Last trade - 15.08pm 13/06/2024 (20 minute delay)


Last 4.5¢			Change 0.000 ( 2.27 %)
Open	High		Low	Volume
4.5¢	4.5¢		4.5¢	61073
Last updated 10.53am 13/06/2024 ?

EQR (ASX) Chart