BTH 0.00% 12.5¢ bigtincan holdings limited

How low will this go, page-2

  1. 747 Posts.
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    Hi Weazel, the bottom will depend entirely on what's motivating the puppeteers of the SP atm. This is not a free market and most transactions are very small and calculated. I don't pretend to understand their motivation and don't need to publish any more conspiracy theories!!! I'll keep them to myself to prevent future embarrassment!

    I have a bit at stake atm in BTH and am watching the depth and course of sales screens from open to close. I know that many of the daily transactions are odd and obviously automated. For example at 2:36:22PM today, a buy order for 50,000 shares at 0.31 went through (I am sure of this bit). At precisely the same time 2:36:22PM, an additional 69,527 shares went through at 0.31 as well. Exactly the same time, same price. And 6 seconds later two tiny trades (totalling 3,560 shares) went through at 0.315. Resetting the bar.

    So the puppeteers are working within a range atm. Not to say the shenanigans won't spiral the SP down further in the future.

    0.305 today is a twelve month low for BTH.

    It all comes down to a couple of things I think:
    1. The motivation of the puppeteers.
    2. When BTH management put out an ASX announcement ("Business Update" this will lance the boil hopefully.

    If this is a tipping comp I put $10 on 0.30 as an all time low.
    Last edited by dsm0: 13/09/23
 
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Last
12.5¢
Change
0.000(0.00%)
Mkt cap ! $102.7M
Open High Low Value Volume
12.0¢ 12.5¢ 11.5¢ $82.94K 701.7K

Buyers (Bids)

No. Vol. Price($)
2 466109 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 194280 7
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Last trade - 15.59pm 04/09/2024 (20 minute delay) ?
BTH (ASX) Chart
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