Well said hummms.
Dale I'll try to recreate what happened although the figures won't be exact.
It began with the Market Depth Chart
Buy Sell
Volume Price Price Volume
950,000 0.175 0.18 600,000
1,000,000 0.17 0.185 1,000,000
Then someone put a sell order for 2,000,000 @ 0.175
The Chart then looked like this:
Buy Sell
Volume Price Price Volume
1,000,000 0.17 0.175 1,050,000
900,000 0.165 0.18 600,000
Notice the 950,000 on the Buy side has disappeared and the remainder of the order appeared on the Sell side.
11 minutes later at 12.43 someone off screen bought 150,000 shares @ 0.175.
The chart then looked like this:
Buy Sell
Volume Price Price Volume
900,000 0.17 0.175 900,000
1,000,000 0.165 0.18 600,000
Two minutes later the dude with the 900,000 shares sold them @ 0.17
The chart then looked like this:
Buy Sell
Volume Price Price Volume
1,000,000 0.165 0.18 600,000
1,000,000 0.16
I hope this helps and that I haven't stuffed the figures up too much.
Cheers Bungi2
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- looks like she about to blow
Well said hummms.Dale I'll try to recreate what happened...
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