Is someone able to explain to me how this "Control" works for dummies?
At it's highest, the short percentage was 8%, I struggle to understand how 8% can have control over the remaining 92%?
I've heard people talk about insto manipulation and how too many shares on issue helps this, can someone explain it to me and how they prevent the price from going up and why that is beneficial for them? If they were accumulating shares, which I have heard people suggest, then wouldn't that decrease the supply?
I'm very surprised the news didn't continue the momentum upwards and heard many people say it is because of so many shares on issue. Again, I don't understand how that affects it, would be great if someone could clear it all up as it sounds like a very important subject.
Not really sure what news I'm waiting for if the last set of news wasn't enough. Feeling quite confused about it all really.
Cheers
IMUGENE CHART. TA only, page-27610
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Last
5.2¢ |
Change
-0.001(1.89%) |
Mkt cap ! $382.1M |
Open | High | Low | Value | Volume |
5.3¢ | 5.4¢ | 5.2¢ | $216.1K | 4.106M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 1854997 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 382882 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 1694499 | 0.052 |
37 | 4870470 | 0.051 |
51 | 4160179 | 0.050 |
17 | 2263068 | 0.049 |
19 | 954663 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 282882 | 3 |
0.054 | 2751851 | 4 |
0.055 | 1611272 | 15 |
0.056 | 2792035 | 11 |
0.057 | 700330 | 7 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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