DNA 3.33% 3.1¢ donaco international limited

Bell Potter, page-66

  1. 3,994 Posts.
    Pro investors and pro traders at work IMO

    IMHO what happened today was this:
    Share was pushed down and buyers flocked in at 70.5, 70, 69.5, & 69 (these prices in particular).

    Assuming the main buyers are a broker house or a certain group of individuals and say for example that they bought most of their stock today at the above prices we could guesstimate they paid $0.6975 average which you get by adding the above numbers/prices together then diving by 4.

    and then at the end of the day strong bidding closed it at 73c which is today's high and augers well for next weeks' activity sp wise and is a very easy approx 4.5% profit for the buys in high 60s low 70s at close of trade today.

    Yes it sucks people pushing down the share for personal gain then pushing it up again once they've loaded up but that's what happens in a stock market. Logic fairness ethics - don't know where they come in - probably not much of it. Just a case of he with all the gold makes all the rules, profit is king, buy/sell/repeat and using DNA as their butch. lol

    Ah well I just watch on with my holding and go who cares. It'll all come out in the wash
    Last edited by samwiise: 19/06/15
 
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Last
3.1¢
Change
0.001(3.33%)
Mkt cap ! $38.29M
Open High Low Value Volume
3.1¢ 3.1¢ 3.1¢ $17.64K 569.0K

Buyers (Bids)

No. Vol. Price($)
1 90000 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 500000 1
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Last trade - 12.22pm 01/11/2024 (20 minute delay) ?
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