Can anyone tell me why someone would throw 6mil shares on the market at 2.4c , while there are nearly 6mil shares sitting on the buy side at 2.3c. Does this smell of manipulation, and of someone trying to drive the price down?
Why would that person not take out small chunks at 2.4c over a period of time. And if they were desperate to sell, why would they not just cut their losses and sell them at 2.3c. ($6000 difference)
Can anyone please enlighten me on this.
And also if you have a technical & fundamental viewpoint on this one, I would appreciate that as well.
Thanks.
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.120M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 131578 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 150000 | 1 |
View Market Depth
| Last trade - 10.01am 29/07/2025 (20 minute delay) ? |
| CMO (ASX) Chart |
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