IXC 0.00% 8.6¢ invex therapeutics ltd

IXC chart, page-327

  1. 15,516 Posts.
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    I know I said I wouldn't comment till Saturday but considering the notable volume today I thought I might add there is support here at 50 cents, but below here I see a test of those lows. Also worth noting there is a gap at 48 cents on the daily.
    CD is right though the sell side is being manipulated now (over 400k on the sell side) and I can barely see most of the orders, yet the buy side hasnt moved (still 90k) but someone is mopping them up off screen (over 200k traded). I believe this is a tactic used by instos maybe to fearmonger retailers into selling (buy/sell depth) whilst they mop up. Would be good to see a broker report if this was the fact. This is where as a holder retailer you need to understand the FA of the company and just back yourself in. Ignore the noise behind the orderbook and chart as mgmt have put a foot wrong yet.

    https://hotcopper.com.au/data/attachments/5030/5030301-1073694fb254710fa6c10e287242eb3c.jpg



 
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