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
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $78.20M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $322.1K | 1.957M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 737605 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 67107 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| GLN (ASX) Chart |