For those who didn't notice, there was a seller who suddenly put on 5.5 million shares to sell at 2.1c knowing that there was another 4 million in on front of him.
Because of him there was 12 million selling at 2.1c and only 2 million buying at 2c.
When a single buyer suddenly appeared at 2c and there were now more buyers coming in at 2c the seller with his 5 million suddenly pulled off his sell order.
The market unfortunately is so manipulated with fake buys and fake sells that shareholders will often buy or sell because of what they see on the screen.
In other words try not to get influenced by fake sells or fake buys. Do the necessary research and be content with your own investment decisions.
For what it's worth.
Cheers.
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $14.55M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $14.32K | 3.612M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 31654327 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 6011332 | 7 |
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| Last trade - 12.35pm 08/08/2024 (20 minute delay) ? |
| VRC (ASX) Chart |