EDE 25.0% 0.2¢ eden innovations ltd

Ann: OptiBlend - US Market Significant Upswing - Clarification, page-11

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. Dui
    2,094 Posts.
    lightbulb Created with Sketch. 299
    Can somebody explain what it means when there are 70+ buyers in the range of 0.020-0.022 (16M shares) while only 12 sellers in the range 0.023-0.025 for only 3M shares?

    There seem to be a lot more buying interest, yet the sp goes down. Are these fake orders? Is this an attempt to shake out the last die hard long term holders? Why is a stock with more buyers than sellers go down?
 
watchlist Created with Sketch. Add EDE (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(25.0%)
Mkt cap ! $6.162M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $1.818K 953.1K

Buyers (Bids)

No. Vol. Price($)
46 114606511 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 1183120 4
View Market Depth
Last trade - 14.06pm 11/11/2024 (20 minute delay) ?
EDE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.