The market supposedly voting with its feet can also be deceptive, often deliberately so.
Since Oct 26 last year when the SP breached support at 2.6 and went on a seemingly unstoppable four-month 50% death spiral reaching 1.3 cents (just three days ago on 23 Jan), all three Accumulation/Distribution indicators I use show a clear and sustained trend to accumulation with some 39M shares traded, excluding CBOE. The majority of which were at prices above 2 cents.
All is sometimes not what it seems.
The market supposedly voting with its feet can also be...
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 (20min delay)
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $13.43M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $11.81K | 751.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 285536 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 200000 | 1 |
View Market Depth
| Last trade - 15.50pm 16/06/2025 (20 minute delay) ? |
| HTG (ASX) Chart |