The build up in depth doesn't look like its designed for trading a few pips. it looks like coordinated bidding to either:
1. close out short positions; or
2. Accumulate long positions; or
3. Some other nefarious reason.
The build up in depth doesn't look like its designed for trading...
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Last
8.9¢ |
Change
-0.001(1.11%) |
Mkt cap ! $192.3M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.1¢ | 8.7¢ | $928.3K | 10.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 458783 | 8.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.0¢ | 214569 | 9 |
View Market Depth
| Last trade - 11.48am 04/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |