MAY 3.64% 5.3¢ melbana energy limited

i know it's early, like 8ambut what the actual F ???36 buyers...

  1. 1,597 Posts.
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    i know it's early, like 8am

    but what the actual F ???

    36 buyers for 3,162,016 units
    147 sellers for 18,457,525 units

    and it doesn't get much better in trading hours

    yeah yeah i know, many of those sellers are fictitious, but it's a joke they are even up there

    for the great unwashed like me, it would be impossible to place a sell order higher than about 10-11 cents, i think "the ASX rules" state order must be within 50% of last traded price, but as we all know, special people (hedge funds) get special privillages. It is this kind of fakery that has destroyed investors confidence, along with share prices right across the whole ASX, not just MAY and the other pathetic crap i hold like 88e, DRE, ADO, ERA abd a few other sick puppies. It's all very well to say "only the top 3 lines of orders mean anything", but Mr and Mrs Joe Public DO look at the overall buy/sell depth numbers, and seeing what MAY has on offer will scare the bejesus out of any potential investor, and current ones too. Bar for a handfull of days/weeks, This is how MAY has looked for the last 28 months, and as for "patience" that's all well and good if you are 30 or 40yo, not when you are getting near 70, or even older. The rich get richer, and the poor go broke. That's life, especially on the dirty rigged ASX, ASIC is Dracula running the blood bank, and the blood is flowing every day. RANT OVER, I'll just grab my tin foil hat before i leave.
    Last edited by sameoldstory: 18/04/24
 
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Last
5.3¢
Change
-0.002(3.64%)
Mkt cap ! $178.6M
Open High Low Value Volume
5.4¢ 5.4¢ 5.2¢ $215.6K 4.068M

Buyers (Bids)

No. Vol. Price($)
10 1990394 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 15000 1
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
5.2¢
  Change
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5.4¢ 5.4¢ 5.2¢ 1210770
Last updated 15.38pm 10/05/2024 ?
MAY (ASX) Chart
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