It'll be that broker that has been capping the price deliberately. It's illogical if you think they are running off a level base. They might be holding a block of shares with a substantial carried forward losses; and accumulating via another entity. So their share capping is just using up the losses, while they accumulate anyone wanting to dump. This gives the appearance of an endless churn of shares, especially transferring purchased shares between entities, to continue their strategy.
it's a bit of a fallacy though given there is realistically only 2.55% shares on offer on market.
It's unlikely they can be bothered to appear on the Top 20 list, on a single entity. If they aren't using their own money, and buying on behalf of a client they would be milking brokerage fees; the conversation will be awkward when they get queried why they never accumulated a substantial holding when the sp has taken so long to head north of 10 cents.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.26M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $46 | 9.172K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2790825 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 2241227 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2790825 | 0.005 |
10 | 4418098 | 0.004 |
3 | 3000000 | 0.003 |
6 | 6439759 | 0.002 |
4 | 6706418 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 2241227 | 6 |
0.007 | 949876 | 6 |
0.008 | 3142857 | 4 |
0.009 | 100000 | 1 |
0.010 | 1299800 | 3 |
Last trade - 14.28pm 15/11/2024 (20 minute delay) ? |
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