I’ve seen it before. A monster trade at .033 signaled to the market that that’s the price the SP should be. So that’s where it goes.
doesn't explain why the SP dropped so much with 100 million traded before the monster trade went through… I’d hate to think it was insider knowledge…
Ann: Oversubscribed Placement Raises $16.5M at 30% Premium, page-236
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $71.58M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $6.28K | 410.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 10941733 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 8795059 | 6 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| AZL (ASX) Chart |