Yeah thats one hellava trading day for DVP today. Volatility maxed out.
Upon closer scrutiny I believe someone was selling down on very little vol and triggering stops/fear and the subsequent buys coming from off screen at larger (sometimes slightly, but def larger) straight after are telling.
Then the FOMO at 4pm just backs that up.
Its hard to stop insider trading in the mining industry, any industry for that matter, too many players, not all employed by the company but the ones who are on the opposite side of deals we do with them and their companies etc.
In saying that, looks to me like something is about to drop on the news cycle ?
DVP Technical Analysis, page-610
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 (20min delay)
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Last
$2.46 |
Change
-0.050(1.99%) |
Mkt cap ! $667.2M | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.52 | $2.45 | $1.232M | 496.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1895 | $2.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.46 | 10002 | 1 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| DVP (ASX) Chart |