BPH 11.1% 2.4¢ bph energy ltd

Holiday,You will most likely find Sellers and buyers the same.If...

  1. 5,356 Posts.
    lightbulb Created with Sketch. 3910
    Holiday,

    You will most likely find Sellers and buyers the same.

    If you have qty stack the sell, whilst having bids just under ask price on the buy.

    The aim is to scoop shares other than your own.
    The Accumulation.

    When done, you reduce you're sells and stack the bid, that then gets others to buy over your position.

    Ie. Cap on downside or upside.

    I mentioned this on Friday, hoodlum gets it.

    To control the action, one needs around 20m shares because technically you are not selling if a buyer also.

    Ie. Multiple orders at various levels on sell or multiple orders on buy. Depending on aim, determins which side.

    I do not agree with the practice, but it is how large investors gather qty.

    So market depth can catch out the newer investor, or one not seasoned in the practice.
 
watchlist Created with Sketch. Add BPH (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
-0.003(11.1%)
Mkt cap ! $26.34M
Open High Low Value Volume
2.9¢ 3.0¢ 2.4¢ $545.4K 20.50M

Buyers (Bids)

No. Vol. Price($)
2 303224 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 1060718 3
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
2.4¢
  Change
-0.003 ( 7.34 %)
Open High Low Volume
2.9¢ 3.0¢ 2.4¢ 18889514
Last updated 15.56pm 03/05/2024 ?
BPH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.