There is some sort of concerted effort to hold the price down. There is a reversal of sellers to buyers ATM , and it may be recent buyers moving out due to down trend feeding on itself forcing them to dump ( CFD's margin loan interest etc).
Just shows how vulnerable the share price is!. The trend is down but it is on sentiment and hopefully not facts .
It could also be positioning to get more script at lower cost by some professional traders / inst's.
This is just my opinion of course.
CONFUSED
There is some sort of concerted effort to hold the price down....
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Last
$6.41 |
Change
0.040(0.63%) |
Mkt cap ! $5.991B | |||
| Open | High | Low | Value | Volume |
| $6.45 | $6.49 | $6.40 | $13.34M | 2.079M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13384 | $6.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.42 | 13471 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |