My view is that they’re selling to themselves- just a few shares. Therefore they’re not losing but it’s keeping the price down and either stop losses get hit or retail take their money out.
This means the Instos- who control the bots- are able to grab some cheaper shares. This all happens in the orphan/early stage of a mine production... slowly retail move out, and in comes Instos.
By beating price down they are able to accumulate at a better price.
THINK longer term- and when the Instos have enough they can use the bots to push the price up to. That’s what I’m holding for- long term so I can get terrific share price value.
My view is that they’re selling to themselves- just a few...
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Last
4.1¢ |
Change
-0.001(2.38%) |
Mkt cap ! $59.69M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.4¢ | 4.0¢ | $257.1K | 6.183M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1835821 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 143113 | 4 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| AGY (ASX) Chart |