IVZ 1.41% 7.2¢ invictus energy ltd

hi Jaktotally agree, I see a second order there now first adding...

  1. 312 Posts.
    lightbulb Created with Sketch. 92
    hi Jak

    totally agree, I see a second order there now first adding 1 million at 19 and then amending to 800 k, now down to 400K, now down to 300k, now pulled or down to 100k.

    Why don't we all just plonk a million for sale at 19 cents, lol.

    I am not a highly experienced trader but even I know to sell a million shares in slow volume you need to drop 50K or 100K at a time over a few days works ok, of course when massive volume like the 60M the other day you could dump a million fairly easily in 250k or 500k lots.

    Today unless a big buyer is lurking smaller retail buyers ( like me ) are just going to wait for 18.5 or 18 cents and then the larger orders panic later in the day and push even lower.

    Even taking into account brokerage costs for many smaller trades is nothing compared to getting 1 or 2 cents less on a million shares.

 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
7.2¢
Change
0.001(1.41%)
Mkt cap ! $109.1M
Open High Low Value Volume
7.0¢ 7.2¢ 6.9¢ $132.2K 1.903M

Buyers (Bids)

No. Vol. Price($)
1 39904 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 272761 2
View Market Depth
Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.