Can anyone explain the likely motive of the current bids on MCE. The stock is currently buyer 40 cents/seller 42 cents but there are orders in to buy 156 shares at every 0.5 cent increment from 37 cents to 39.5 cents? Is this aimed to support the share price, suppress it, or it's impossible to tell?
Can anyone explain the likely motive of the current bids on MCE....
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 (20min delay)
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Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $66.02M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 29.0¢ | $83.04K | 279.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 40000 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 177114 | 1 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| MCE (ASX) Chart |