@predictable
The fake sell orders by a Top 20 Holder in effect create a trough where light hands and day traders have to sell into.
Quite effective.
But when you are studying charts alone or are uneducated about the commercialisation & scability of the product....
At the end of the day as a long term holder, I am happy to have the shares cross-traded into the hands of a larger holder.
So that when the breaks are really released on the SP and the announcements and revenue flow, thy won't be passing them back and a real re-rate occurs.
The action over the past month is a prequel to the real event - The Launch of Interface and the revenue that flows from it.
What you may also find is a whole lot more interest next month when Interface is live -
Sometimes for investors - seeing is believing.
@predictableThe fake sell orders by a Top 20 Holder in effect...
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Last
2.0¢ |
Change
-0.003(13.0%) |
Mkt cap ! $24.55M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.0¢ | $156.3K | 7.454M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 356151 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 200000 | 1 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| UNT (ASX) Chart |