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13.3% 1.7¢ sabre resources limited

Ann: Response to ASX Price Query-SBR.AX, page-41

  1. demoniaco
    6,340 Posts.
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    24/05/16
    17:47
    Post #: 17854651
    Quantum it's misleading. 99% of trading happened at 1.5c. Only about $4k was spent on 1.6c and 1.7c.

    Someone is churning at 1.5 all day the past few days.

    Not sure about Chi-X because I don't follow it..
    But according to http://cmsau.chi-x.com/MARKETDATA.aspx
    It has a high and low of 1.5c today as well with 11m volume.. Doesn't make any sense.

    All I can think of is that SBR are churning to get volume up for SBR to show up on scans so that people decide to buy.
    A CR is looming VERY soon so it is my assumption they want to suck people in and do a CR.

    All IMO.
    Last edited by demoniaco: 24/05/16
    SBR Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
1.7¢ 		Change
0.002(13.3%) 		Mkt cap ! $6.362M
Open High Low Value Volume
1.6¢ 1.7¢ 1.5¢ $8.774K 550.2K

Buyers (Bids)

No. Vol. Price($)
1 50000 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 37631 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
SBR (ASX) Chart
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