Only guessing D but I'd say the poms are more than likely using the arbitrage option to their advantage at the moment.
As you highlighted by those large buys there and the price action here.
And why won't you, if you had that ability.
Either way there is clearly some demand being created in the market. Whether they buy up here and sell into it over there, does it matter much in the long run.
What it does show is that the ASX will not run on its own, the LSE won't allow it.
Even the pesky LSE MM's will know that as the time counts down to flow rates, whether good or bad, they will use this as an opportunity to trade. Such is the demand, I get the feeling the price will be higher then than now.
Saw a bit of action in London last night but a close of 2.80p or about 4.9c certainly won't see a run on the ASX today IMHO.
Cheers team, happy Friday.
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $72.33M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $634 | 213.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
150 | 166689125 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 601425897 | 251 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
144 | 163989125 | 0.002 |
343 | 943031675 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 574091511 | 246 |
0.004 | 189846420 | 120 |
0.005 | 51344601 | 42 |
0.006 | 50258903 | 37 |
0.007 | 33542109 | 24 |
Last trade - 10.00am 11/10/2024 (20 minute delay) ? |
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