Guessing instos are main buyers.
They worked out they were the ones driving-up the prices.
Giving it a breather, so that can keep buying at lower prices - hence, lower volume trading.
They'll be waiting with their catchers mitts if selling increases.
Possible explanation.
General Discussion Banter GLN, page-7251
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 (20min delay)
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Last
22.5¢ |
Change
-0.010(4.26%) |
Mkt cap ! $106.3M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.5¢ | $310.9K | 1.369M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 531493 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 108604 | 3 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
22.5¢ |
Change
-0.010 ( 2.30 %) |
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| Open | High | Low | Volume | ||
| 23.0¢ | 23.0¢ | 22.5¢ | 797582 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| GLN (ASX) Chart |