Everyone see that 500k order arrive in the match at 18c. That tells you someone is happy to accumulate at these prices.
Also note, no seller appeared to match the 500k, so selling is just algo's releasing steam to match the index's and small fry selling out.
They grabbing them and holding them people.
Even if the buy order did disappear they were testing them to see if the seller would drop into them and they didn't.
Stay patient.
DYoR.
CNB Summary and Why Its So Undervalued, page-25
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Last
57.0¢ |
Change
0.035(6.54%) |
Mkt cap ! $98.00M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 57.5¢ | 53.0¢ | $891.3K | 1.593M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 35499 | 2 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| CNB (ASX) Chart |