Can anyone shed any light on why there were around 20M shares traded on the 16th which shot the price up to 12c, then another 25M traded to next day knocking the price back down to 9c?
That was around 7% of their shares on issue traded each day, which is around tenfold the typical trading in thst stock since listing.
One scenario is an erroneous trade by a quant manager / bot, that needed to be reversed the next day???
Either way this is extremely bizarre trading.
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $19.99M |
Open | High | Low | Value | Volume |
0.5¢ | 0.6¢ | 0.5¢ | $24.67K | 4.285M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1800000 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 16832747 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 3142808 | 0.005 |
29 | 24239266 | 0.004 |
6 | 4873298 | 0.003 |
6 | 5457516 | 0.002 |
4 | 7800000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 15432747 | 23 |
0.007 | 29138909 | 20 |
0.008 | 9343848 | 9 |
0.009 | 12462253 | 5 |
0.010 | 6693666 | 5 |
Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
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