Two scenarios that could explain this situation are as follows: preliminary situation This morning, there was undoubtedly a 23% decline; someone or something deliberately forced the stop to fall and strike in order to seize these inexpensive shares; after all, there must be a buyer for every sale.
The second scenario involves them manipulating share prices by pretending to be the reason of a surge in order to increase volume and entice buyers to line up and dump their holdings. This morning's events indicate that someone was likely aware of the unfavorable outcome.
Where are the pumpers this morning? Mustwin1?
Two scenarios that could explain this situation are as follows:...
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 (20min delay)
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Last
7.7¢ |
Change
-0.023(23.0%) |
Mkt cap ! $22.42M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 7.5¢ | $1.230M | 14.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 213820 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 13300 | 1 |
View Market Depth
| Last trade - 11.28am 29/07/2024 (20 minute delay) ? |
| RCR (ASX) Chart |