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It may have been a CR participant who picked up more then he...

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mac3

5,559 Posts.

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22/07/21

07:58

Post #: 54677277
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Originally posted by justreading: ↑

I'm not so sure it was CR seller as that stock is not issued yet.
23rd that gets issued.

If you look at the course of sales you'll see that there are at least 21 crossed orders plus whatever is on cxa.
That's most likely a commsec trader dumping his entire holding and moving on.

Hopefully with more insto support coming onboard we can get away from that.
You never will as the market has many moving parts and traders will always be here but this is when you want instos to absorb that selling pressure and put it away ultimately tightening up the register as they see longer term value rather than what else happens to be moving today.

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It may have been a CR participant who picked up more then he needed and just lightened up a touch.
Things should settle very quickly into next week as all eyes hone in on the next outlier #27.
Results there out there will do all the talking.
Options have three weeks to run and I'm picking they are going to be well in.

Last edited by mac3: 22/07/21

LCL Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
14 Upvote

2 Great analysis

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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $9.648M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$67	6.73K

Buyers (Bids)

No.	Vol.	Price($)
1	8636	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	3284661	3

View Market Depth

No.	Vol.	Price($)
1	8636	0.010
10	9450114	0.009
15	6813451	0.008
9	6461893	0.007
8	4996665	0.006

Price($)	Vol.	No.
0.011	3284661	3
0.012	488020	4
0.013	500000	1
0.014	965428	3
0.015	261863	4

Last trade - 12.16pm 15/11/2024 (20 minute delay)

LCL (ASX) Chart

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