A few weeks back, the price appeared to be capped at around 10c, with relentless selling.
Great price to be buying IMO (which many of us did).
We’re now at 20c. Unless your intentions are short term, I’d ignore it..... just like the big selling at 10c(approx).
Could be someone looking to take profit, or someone just looking to incite a little fear to push the price a little lower and accumulate.
Focus on the knowns and fundamentals (if you’re not pip trading), because decisions made on emotion rarely end well. Plus, you’re likely never going to know the reason for their selling (so why waste energy speculating).
If you think the MC is overvalued, sell. Undervalued (funds permitting), then buy. Simples
Cheyne
Large sell orders, page-8
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.543M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $3.668K | 1.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 34688881 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 34185751 | 17 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| NRZ (ASX) Chart |