BAS 4.23% 6.8¢ bass oil limited

hi all. been following this company for a few weeks. i bought a...

  1. 790 Posts.
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    hi all. been following this company for a few weeks. i bought a small parcel @ 15.5c today

    what i can tell you is that i have been sitting near the top of that queue for about 2 weeks. what i noticed was that despite this, many crosstrades were made at 15.5c that continually jumped the queue ahead of me. everytime i saw the SP drop to 15.5c, my order never filled....until today which im guessing was someone genuinely selling as they got spooked (15.5c has been the lowest i think in recent weeks...or was it 15c?)

    this is the biggest indicator for me that bigger boys are selling to themselves to make the SP seem lower than it is. im not bitter about it (i did get my fill after all) as i know how the market works, but was interesting to see first hand that the SP lowered on trades that don't appear to be regular retail.

    as a few posters correctly pointed out, volume has been gradually dropping over the past week or so. when this happens, the big boys need to generate volume somehow.

    IMO
    Last edited by JM115: 10/03/23
 
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Last
6.8¢
Change
-0.003(4.23%)
Mkt cap ! $19.31M
Open High Low Value Volume
7.1¢ 7.1¢ 6.8¢ $3.449K 49.61K

Buyers (Bids)

No. Vol. Price($)
1 70252 6.8¢
 

Sellers (Offers)

Price($) Vol. No.
7.1¢ 113727 1
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Last trade - 15.36pm 14/05/2024 (20 minute delay) ?
Last
6.9¢
  Change
-0.003 ( 1.43 %)
Open High Low Volume
6.9¢ 6.9¢ 6.9¢ 2400
Last updated 15.24pm 14/05/2024 ?
BAS (ASX) Chart
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