I wouldn't get too excited about the closing depth on the Buy side tonight. Of the orders for 205,516 shares between $5.79 and $5.89 at least 60% i.e. about 120,000 shares are "padding". Check out the repeat orders of 5,988, 5,593, 6,439, 451 etc. They will evaporate tomorrow morning now that the day traders have propped the price up to make their dough this afternoon. Cute as.
- Forums
- ASX - By Stock
- MTU
- depth of orders