IIQ 0.00% 60.0¢ inoviq ltd

Chart Thread, page-696

  1. 5,745 Posts.
    lightbulb Created with Sketch. 3327
    Well orchestrated accumulation.

    Giving themselves a week or two before next announcements to accumulate a large parcel.
    But, must reach a point where they know they are pushing the price-up against themselves - so today was a breather day.
    However, I think there is more than one organisation accumulating so its not a coordinated effort and the price didn't pullback enough.

    Hence "weird" behavior.

    At least, that's what i think is going on.

    Good thing I am just sitting pat and not trying to trade this stock - and that's why I think the price lifts so easily under the slightest buy pressure. Just not enough sellers to keep things level.

    I am not thinking this is buying based on leaking information - I think its just some big buyers trying to take large positions before the next news is released.

    Question is - will they hold beyond the next news cycle is take a big dump at +100% ?
 
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Last
60.0¢
Change
0.000(0.00%)
Mkt cap ! $66.16M
Open High Low Value Volume
60.0¢ 60.0¢ 59.0¢ $15.49K 25.86K

Buyers (Bids)

No. Vol. Price($)
2 12483 59.0¢
 

Sellers (Offers)

Price($) Vol. No.
60.0¢ 4499 1
View Market Depth
Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
IIQ (ASX) Chart
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