From what I have observed today seemed a lot different at close. Previous days there has been a large amount of orders disappear when the auction opens which would appear to be fake orders. Previous days the wall has been built up and then around 2-3pm this hasn’t happened.When the orders are removed at auction or after auction it shows they are not genuine as people who genuinely want that price leave their bids to keep their place in the queue.
Today when auction opened only 500,000 shares were removed from the buy side mean this could be genuine buyers looking to purchase and not people rinsing to themselves which regardless of what people say has clearly been happening.Also consider that with the amount of selling and volume of there was a genuine large holder looking to exit they would have to be close to their parcel and having circa 4mil shares there they would take advantage of that. If this is a genuine wall of buyers at circa 4mil this could be the turning point
....... edit 4.11pm
the wall was fake
the sellers were fake
No one is there, just the same games
however part of the above is true. If there was a genuine seller they would have taken out that 4mil block at some point day.
There is no large seller as everyone is holding.
May tomorrow bring something new
- Forums
- ASX - By Stock
- ADN
- General comments/chat
General comments/chat, page-19314
-
- There are more pages in this discussion • 25,418 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
-0.001(5.88%) |
Mkt cap ! $27.42M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $176.1K | 22.01M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
61 | 21751321 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 5295694 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
61 | 21751321 | 0.007 |
30 | 10793156 | 0.006 |
16 | 14006000 | 0.005 |
6 | 7700000 | 0.004 |
3 | 8600000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 5295694 | 3 |
0.009 | 19830977 | 26 |
0.010 | 7364819 | 11 |
0.011 | 27386522 | 9 |
0.012 | 29395921 | 6 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
Featured News
ADN (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online