It really isn't a road block at 10.5c, it only looks that way because you can't see anything at 10.1, 10.2...
If you compare all stock on the offer at 10c and 10.5c, compare it with all stock from 9.5c to 10c for a fair comparison. The buy side is slightly more stacked, not the sell side.
Also consider that a lot of the peasants selling at 10.5c will probably have centrepoint trades in (the ones which execute as CXXT) which will go through at 10.25c rather than 10.5c.
So 10.5c is not a wall, it's just a larger consolidation of the shares that would have been at smaller increments were they allowed.
And the next person who sells through the bid when investors are paying 10.5c quite happily owes everyone on this thread a carton at the AGM. Crossing a half cent spread for no reason is just idiotic.
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It really isn't a road block at 10.5c, it only looks that way...
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8.6¢ |
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Mkt cap ! $92.78M |
Open | High | Low | Value | Volume |
8.6¢ | 8.6¢ | 8.4¢ | $7.642K | 88.93K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 53157 | 8.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.7¢ | 30000 | 1 |
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No. | Vol. | Price($) |
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1 | 53157 | 0.084 |
1 | 100000 | 0.083 |
1 | 100000 | 0.081 |
5 | 116785 | 0.080 |
2 | 277459 | 0.078 |
Price($) | Vol. | No. |
---|---|---|
0.087 | 30000 | 1 |
0.091 | 100000 | 1 |
0.095 | 221531 | 3 |
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