So a classic lesson for you how the manipulators can destroy a share price.
At 3:45 in the last 15 minutes our friend the bot came back on and started ofloading 3200 (approx) at 1 minute intervals. So even though only 40k roughly were sold it managed to drive the price down 10% in the last 15 min. This is bound to unsetlle the chartists.
Unfortunately I had no opportunity to buy back in because there was a 2c gap on what was available on the sell side.
Even if I had taken out the 25c offer the bot would soon have gotten it back to 22.5.
This on a day when price of gold is at A$1220 and our market came back over 150 points from its low.
There is rougly only about 50k for sale before 27c would have been hit and a 20% difference from todays low.
The problem in this market is that there is a reluctance to buy. I am keeping my spare cash in case that parasite starts in again on monday at which time I can hopefully add more.
Happy weekend
AXM Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held