I wouldn't cancel out the possibility that the current selling is a ploy by the new major holder to entice weak hands to sell into their hands at 1.3 and below.
They have $1M invested in Unith and have already been shown to be accumulating. They definitely aren't paying much because the SP hasn't moved and yet there seems to be a constant reloading of large volume buys every time someone sells into the 1.3c.
I wouldn't be surprised to see these guys have added most of the recent sales into their account but unfortunately we won't know for some time.
It makes more sense than a disgruntled holder purposely selling down their investment at more than a 50% realised loss.
MMM
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Last
1.3¢ |
Change
0.001(4.00%) |
Mkt cap ! $15.90M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.3¢ | $17.35K | 1.334M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 255081 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 2627859 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 255081 | 0.013 |
10 | 5178333 | 0.012 |
10 | 2416776 | 0.011 |
7 | 2373000 | 0.010 |
4 | 1800000 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 2627859 | 7 |
0.015 | 1246269 | 8 |
0.016 | 695715 | 3 |
0.017 | 1242273 | 5 |
0.018 | 262679 | 2 |
Last trade - 15.38pm 11/07/2024 (20 minute delay) ? |
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UNT (ASX) Chart |