I’d be more concerned if we were seeing 3mil+ lines of stock bid below the market price. That to me would be stacking the bid. However a decent bid at the market price on the close.... there was every risk of it being filled in the match. If it wasn’t genuine, it would of been at 4.2c or lower for the match. As stated, the decent demand swinging in 15minutes before the close suggests the demand is real.
The real question should be if those lines of stock on the offer are real or trying to slow up proceedings / create the effect of stock genuinely being on offer.
The more stock that is being purchased and tucked away by longer term holders, the less on offer for the short term traders. We should start to see the supply tighten up as the price grinds higher.
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I’d be more concerned if we were seeing 3mil+ lines of stock bid...
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Mkt cap ! $59.09M |
Open | High | Low | Value | Volume |
1.9¢ | 2.0¢ | 1.9¢ | $23.32K | 1.218M |
Buyers (Bids)
No. | Vol. | Price($) |
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8 | 1890036 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.0¢ | 482157 | 4 |
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No. | Vol. | Price($) |
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7 | 1732089 | 0.019 |
20 | 5303719 | 0.018 |
46 | 14930272 | 0.017 |
22 | 6118804 | 0.016 |
13 | 3887595 | 0.015 |
Price($) | Vol. | No. |
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0.020 | 413157 | 3 |
0.021 | 614284 | 3 |
0.022 | 730453 | 5 |
0.023 | 1183455 | 5 |
0.024 | 4518036 | 10 |
Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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