the person probably holds millions of shares and then risks a small percentage to push price down because price will fall between announcements and then they accumulate. They don’t just sell all their shares
so if it goes up 3x they only risked a small amount of their holdings
and if they accumulate more well win win
General Discussion, page-172
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Last
24.0¢ |
Change
-0.005(2.04%) |
Mkt cap ! $121.8M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 23.5¢ | $139.7K | 582.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50407 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 166679 | 3 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
23.5¢ |
Change
-0.005 ( 4.08 %) |
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| Open | High | Low | Volume | ||
| 24.0¢ | 24.0¢ | 23.5¢ | 149282 | ||
| Last updated 15.14pm 13/06/2024 ? | |||||
| AKM (ASX) Chart |