If the price does pull back a bit today, it is of no concern in...

  1. 1,827 Posts.
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    If the price does pull back a bit today, it is of no concern in my opinion.

    As per below chart, we had a pullback a few days ago, and of course we can all see what happened after that.

    IMO, the increased liquidity of KP2 shares which we can now see in KP2 trading, is now allowing a bit of price manipulation to occur. IMO there is still big buying happening, but some "tree shaking" is now also apparently happening to shake loose more shares from loose hands.

    If my thesis is accurate, we should still be seeing some BIG buy orders go through today ($10K, $20k, etc) during any selling that might occur.

    https://hotcopper.com.au/data/attachments/6210/6210442-1b37db64da121df077b027378f0a2ef8.jpg
 
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(20min delay)
Last
4.4¢
Change
-0.001(2.22%)
Mkt cap ! $28.76M
Open High Low Value Volume
4.6¢ 4.7¢ 4.4¢ $47.11K 1.055M

Buyers (Bids)

No. Vol. Price($)
1 628091 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.6¢ 25000 1
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
KP2 (ASX) Chart
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