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!
Traders/instos are too savvy to stick that many shares in the...
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Last
20.5¢ |
Change
0.040(24.2%) |
Mkt cap ! $94.78M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 20.5¢ | 16.8¢ | $905.9K | 4.833M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 234792 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 368194 | 18 |
View Market Depth
| Last trade - 14.30pm 12/07/2024 (20 minute delay) ? |
| GLN (ASX) Chart |