CKA 0.00% 9.8¢ cokal limited

I certainly did and came to multiple conclusions:1) The buyer...

  1. 476 Posts.
    I certainly did and came to multiple conclusions:

    1) The buyer was the same person as the larger seller, but trying to drive up the price to get their sell order hit.

    2) The big buyer and big seller are the same entity and trying to contain buying between a specific channel of trading.

    3) The big seller that came in was trying to 'tempt' the big seller to sell down to them, if the big buyer was really desperate they would have snapped up the 100k seller who was sitting about a cent or 2 above it for a little while.

    Not sure if you noticed but a big buyer was also there toward the end of trading last week. I would suggest after monitoring the last week of trading there are 2 large players - one buying and the other selling. So I think 3) is the likely conclusion. I think the seller is drying up though as they wern't as aggressivee selling today as Friday. I think we will see it settle at .448 - .50 for the next day or 2 before breaking through the .50 cent barrier.

    Anyway that's my analysis, I could be totally wrong though.
 
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Last
9.8¢
Change
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Mkt cap ! $105.7M
Open High Low Value Volume
9.8¢ 9.8¢ 9.6¢ $18.03K 186.6K

Buyers (Bids)

No. Vol. Price($)
3 62056 9.6¢
 

Sellers (Offers)

Price($) Vol. No.
9.8¢ 291448 2
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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