Traders/instos are too savvy to stick that many shares in the queue if they really want to sell - they’d let it run and sell into the buyers. The only reason they would place that big sell order is to create a wall and suppress the price so they can accumulate. In this case they were outplayed by a second player with deep pockets.
Im happy to let them fight over us!
Compelling opportunity, page-1005
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Last
14.0¢ |
Change
0.010(7.69%) |
Mkt cap ! $70.93M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.0¢ | 12.5¢ | $284.5K | 2.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 134586 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 430000 | 6 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| GLN (ASX) Chart |