RNU renascor resources limited

General Discussions, page-32684

  1. 1,647 Posts.
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    @@Antigen i watch the share price, buy side 300k. Sell 250k units, instantly the sell side is stacked with 1M units (50 different orders). Its a computer doing this, not random traders. Why stack the sell side unless you are pushing the price down. Put in a sell order where theres a 1M sell, instantly your order goes 3/4 to the front of the queue, without the volume changing. The orders get pulled and replaced instantly. Basically fake orders. It just puts extra pressure on the SP, either up or down.

    Why stack the sell side if your motive was drip feeding your shares. Youd be stacking the buy side to make it appear the sp is holding up.
    Price gets also pushed up in pumps, and I am guessing some players are selling into them at the highs/dumping the price down to make a few pips and percentage.

    those are some things ive observed while the sp has been declining and weak sentiment, these games push the price right down. Just like mid 2021, down to 6c, then all of a sudden we are up 10-12, 20c quickly.
    Big boys might not be accumulating lots right now, but I am thinking they will be the first buying at low low prices when the tide shifts. Meanwhile those who bought at bargain prices will be selling happily with 10-20%, while this multibags (hopefully )

    Last edited by ndp_2010: 12/12/24
 
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Last
5.5¢
Change
-0.001(1.79%)
Mkt cap ! $139.8M
Open High Low Value Volume
5.6¢ 5.7¢ 5.4¢ $210.6K 3.807M

Buyers (Bids)

No. Vol. Price($)
1 92877 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 190000 1
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Last trade - 16.10pm 24/06/2025 (20 minute delay) ?
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