HAW 1.64% 6.2¢ hawthorn resources limited

bring on the results!!!, page-4

  1. 12,504 Posts.
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    The longer and stronger the sell wall stands the more I get the impression that it is not erected by traders alone. After such a long time traders would have sold down to 1c as they aren't able to wait things out. About 2 % of the issued shares is placed over three lines. One could say someone puts the lid on. Let's assume it is LCY. But that way they would risk to let slip their holdings below 10 % which would make no sense strategically. Or they placed just 1 % and the rest is snowball effect. But I can't remember to have seen a sp so "sandwiched frozen" over such a long time.

    On the downside, any third party could have easily grabbed the shares for average less than 1.5c. But no-one did, does it mean there is no interest ?
 
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Last
6.2¢
Change
0.001(1.64%)
Mkt cap ! $20.77M
Open High Low Value Volume
6.2¢ 6.2¢ 6.2¢ $465 7.5K

Buyers (Bids)

No. Vol. Price($)
2 2512 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
7.3¢ 27857 2
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Last trade - 13.27pm 27/08/2024 (20 minute delay) ?
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