Okay so I think what we're seeing is a large-ish holder triggering a sell-off during a week of very low volumes (and therefore easy to manipulate).
1 million shares sold at 4c at 10:51, another 2 million shares sold at 11:01 at 3.8c.
Then, 1 million shares traded at 11:18 and again at 11:28. This could be an attempt to use the opportunity (recently poorly received drill results and low trade volumes while people are anxious waiting for next results) to trigger a sell-off in order to buy in at a lower price. Easy profits when trading in the millions of shares..
I think it's too early to panic sell, wait for drill results before making a decision.
All IMO, DYOR
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Okay so I think what we're seeing is a large-ish holder...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.497M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.43K | 286.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 10208643 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 98916 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 10132643 | 0.004 |
12 | 8254008 | 0.003 |
12 | 10662002 | 0.002 |
12 | 13752005 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 98916 | 1 |
0.006 | 1909563 | 5 |
0.007 | 794652 | 6 |
0.008 | 3513047 | 8 |
0.009 | 523149 | 2 |
Last trade - 10.26am 02/08/2024 (20 minute delay) ? |
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CCZ (ASX) Chart |