Was looking at the course of sales, at 10.26 there was a buy of 200,000 shares then at 12.000 there was another sell of 170,000 shares dropping the price down bellow cap raise price.
Could quite possibly be a case of dropping price below cap raise price to hit a few stop losses, and then re buying shares back to 25.5.
currently typing this off my phone so have no images, but looking at the chart wouldn't be surprised if this has occurred all the way down from the high 30's.
We see the price consolidate at a level dropping a few wicks down into a demand zone soaking up those shares and then once it gets a bit slim 1 big sell trade goes through dropping the price bellow, possibly hitting a few stop losses along the way.
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itech minerals ltd
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3.1¢

Was looking at the course of sales, at 10.26 there was a buy of...
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Last
3.1¢ |
Change
0.004(14.8%) |
Mkt cap ! $5.295M |
Open | High | Low | Value | Volume |
3.0¢ | 3.8¢ | 3.0¢ | $58.70K | 1.749M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 26452 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 22756 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 26452 | 0.031 |
3 | 94882 | 0.030 |
2 | 190000 | 0.029 |
4 | 828130 | 0.028 |
3 | 190615 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 22756 | 1 |
0.034 | 280000 | 1 |
0.035 | 1829 | 1 |
0.037 | 11500 | 1 |
0.038 | 390290 | 2 |
Last trade - 15.52pm 18/06/2025 (20 minute delay) ? |
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MEMPHASYS LIMITED.
Professor John Aitken, Scientific Director
Professor John Aitken
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