I'm only a noob, so happy to be taught. But I could see it was going to drop through 1.2 momentarily for quite a while now. Ive found when there's an abnormal amount of buyers, to only a decent amount of volume, then it always gets dumped into.
I.e. 1.2c had 20 or 30 "buyers" to only 8mil volume sitting there on the ASK.
No idea why this is the case, but it's been a recurrent theme over my years of penny investing. Anyone know what the go is?
Daily Price Movement / General Discussion, page-372
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.95M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $4.204K | 700.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 7495448 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 9454176 | 14 |
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| Last trade - 12.45pm 19/11/2024 (20 minute delay) ? |
| PIL (ASX) Chart |