Dideoxy - Thanks for posting the link - very informative.
The speed and volume of yesterdays trades definitely points to Algo trading.
I felt there were two conflicting Algo trading streams - a "pump run" that failed - because it was cancelled out by "exit traders" "selling on the fact". A close examination of the days record suggests that for once the genuine investor was the beneficiary picking up around 2 million shares at a good price.
All seems to have settled down now - the price held through the panic with a small rise - a strong performance by a well informed share holder base.
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 (20min delay)
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.759M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 46000 | 1 |
View Market Depth
| Last trade - 16.21pm 27/06/2025 (20 minute delay) ? |
| UCM (ASX) Chart |
Day chart unavailable