If it is, it would by far be the most stupid one I have seen.
A good P & D is to allow price to run and then sell down on price not cap the SP movement. This stock has had huge volumes run through it. Seems like just someone bringing in as much sale supply as possible really.
I have said and will say again, give up on any advance in price whilst our undisclosed buyer is doing his thing.
Interesting to see the typical closing auction games happen again today trading the stock below the weighted volume for the day of 1.2. Give up a little at 1.1 from the buyer in mho to come back for a few hundred $k again on Wednesday.
Can't have this finish at 1.2 because you run the risk of everyone mentally accepting 1.3 is a good entry on the next days trade. This finish today now sets the scene for further accumulation at 1.2 after the public holiday.
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Last
6.8¢ |
Change
0.001(1.49%) |
Mkt cap ! $14.83M |
Open | High | Low | Value | Volume |
6.7¢ | 7.0¢ | 6.7¢ | $41.7K | 599.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 520895 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 68088 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 520895 | 0.067 |
1 | 15384 | 0.065 |
1 | 8000 | 0.064 |
1 | 16129 | 0.062 |
2 | 58333 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 68088 | 1 |
0.074 | 100000 | 1 |
0.076 | 44999 | 2 |
0.078 | 85391 | 1 |
0.079 | 41893 | 2 |
Last trade - 12.56pm 13/11/2024 (20 minute delay) ? |
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ELT (ASX) Chart |