Because of the amount of shares on offer and the amount of volume selling thru daily, manipulators can create volatility all that is needed is a spark and yesterday they got it and the herd followed..Simples..
You could feel the panic, stop losses getting hit and the herd running for cover created a perfect storm.
Plenty of uneducated investors not reading the annmnt correctly, expecting the oil to gush like a hollywood movie says it all to me ..Dave/PB must have been wondering whats going on..
And it Will probably happen again...
Laters...
ASX Today, page-8302
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $57.78M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $1.198K | 429.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 192 | 304177507 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 647749525 | 211 |
View Market Depth
| Last trade - 10.00am 18/07/2024 (20 minute delay) ? |
| 88E (ASX) Chart |