The market action looks like hedge funds to me. They tend to play like this. Sell large lines from 30c all the way down and reset at 27c. That will drag out some flippers. This should settle down and news flow should start again. US funds can be aggressive. Either way, its not abnormal. The blip down to 24.5c is a bit nutty and probably bot related, but thats the market. Big volume. I wish you luck with picking bottoms and tops. I just chip away at different levels and wait for the inevitable turn.
The market action looks like hedge funds to me. They tend to...
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Last
32.0¢ |
Change
0.005(1.59%) |
Mkt cap ! $120.9M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 32.8¢ | 31.8¢ | $182.7K | 568.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39933 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 172607 | 5 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| BC8 (ASX) Chart |