Yep.....someone? is determined to keep the price bottled around the 50c mark, they allow it to push up to about 54.x then it is dragged back.
It is not shorters as the shorts vol is just not there, so why would someone be trying very hard to keep the SP within the 49 - 54 band????? It's not naturally dropping to its perceived value either as there are lots of small trades that move it up or down.
I suspect it has something to do with the US listing but only a guess.
Just Saying!, page-18
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.62M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $2.814K | 281.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4677965 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 139400 | 2 |
View Market Depth
| Last trade - 11.16am 19/07/2024 (20 minute delay) ? |
| AJX (ASX) Chart |