Hi manyhoods,
not really sure what you mean but the sell and buy side can change rapidly in todays trading world due to the bots, computer programs that are now doing the trading.
These programs differ some are there to create buying opportunities for someone who wants to accumulate them without the price going up, others are doing the opposite.
It creates for us small holders the wrong impression sometimes as what the shareprice will do in the short term and some will sell into this false impression thinking the share price will go down.
Some bot programs stack the sell side , hence to create the impression that there are many sellers and the share price will go down, but in the meantime they scoop those shares up and happy keep this false impression in place till they have their fill.
Todays trading is much harder as fundamentals do not really show the way anymore in a short term ,as bots have taken over and run the share market.
They only need a small spread to make money , which only need to be 1 or 2 cts to make money , one of the reasons why lots of share prices seem to keep being stuck in that trading pattern.
Todays trading in RSG is no different , out of no where buyers came to push the price up.
But if it was not for the QTR report it would not have happened.
Shorter would have added to this upside today as they are worried the shareprice may run up after tomorrow.
good luck
jojo
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Last
63.5¢ |
Change
-0.005(0.78%) |
Mkt cap ! $1.351B |
Open | High | Low | Value | Volume |
64.0¢ | 65.0¢ | 63.0¢ | $3.704M | 5.798M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 20000 | 63.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
64.0¢ | 50395 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 20000 | 0.635 |
3 | 74461 | 0.630 |
3 | 161405 | 0.625 |
2 | 63461 | 0.620 |
4 | 41421 | 0.615 |
Price($) | Vol. | No. |
---|---|---|
0.640 | 50395 | 2 |
0.645 | 214409 | 7 |
0.650 | 614381 | 14 |
0.655 | 254869 | 8 |
0.660 | 337647 | 6 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
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