What you were seeing I think was what is called "dark equity" at work. It works like this:
If the market is say $1.415 / $1.425 then dark equity will sit "in the dark" at $1.42. If anyone moves their offer down to $1.42 it will instantly be snapped up and the market does not appear to change except momentarily. Only the big players can do this because their response to the $1.42 offer will be a $1.42 bid for the offered quantity within milliseconds.
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What you were seeing I think was what is called "dark equity" at...
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Last
9.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.48M |
Open | High | Low | Value | Volume |
9.9¢ | 9.9¢ | 9.5¢ | $35.24K | 364.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 18326 | 9.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.8¢ | 15262 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 18326 | 0.095 |
3 | 160000 | 0.094 |
3 | 134307 | 0.092 |
3 | 81442 | 0.090 |
1 | 30000 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.098 | 15262 | 2 |
0.100 | 38876 | 3 |
0.105 | 199768 | 2 |
0.110 | 168286 | 9 |
0.115 | 85453 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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