All this chat about a grand "pump and dump" scheme. FFS.
Let's get the facts shall we.
Here is a summary of today's trades:
Make your own deductions from the data, but 2 "Big Boys" sold at 3.4 cents and made an earth shattering $2,700. Now I don't know about you but that's not what I would call a wholesale pump and dump.
I would call this some profit-taking, perhaps from some longer term holders who simply don't have the stomach to wait this out.
As you can see, most of the action is at the 3-3.1 cent mark, and again, I'd say selling to those that can't see this out to those who have the vision to see what this SP will bring over the next few months. Patience will be rewarded.
Daily Discussion, page-8178
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Last
3.3¢ |
Change
0.002(6.45%) |
Mkt cap ! $103.2M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.3¢ | 3.1¢ | $342.9K | 10.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 5325629 | 15 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| RDN (ASX) Chart |