There is a lot of talk lately about bot selling and manipulation,, yes I have seen the 500 odd shares sold every 7 minutes at .625..to supposedly keep the price down ??? BUT BUT it can only go down on such SMALL quantities if there is no buying depth on the bid side.
For example if one of the believers with big cash put in an order for for say 500k @ .63 there is no way tiny quantities could drive the price down.
Sorry if its a dumb question but I am relatively new to trading and don't know all the tricks yet.
What I am trying to say if the price should be 70c or higher why is there no serious large order buying.
I picked mine up for .465 a little while back and have no intention of selling.. boting, manipulation or whatever other games may be played
Cheers
There is a lot of talk lately about bot selling and...
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $93.18K | 583.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 354802 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 55498 | 2 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |