LPD 20.0% 0.2¢ lepidico ltd

It's about maximising your return when offloading large parcels,...

  1. 2,016 Posts.
    lightbulb Created with Sketch. 635
    It's about maximising your return when offloading large parcels, trading 101 supply and demand. This has been played to perfection by allowing sentiment to remain positive the entire way down, allowing newcomers and bagholders alike to purchase at premiums to what would be achieved by dumping on market. This has occurred for some time now and has been identified multiple times previously. Take some time to look around at other companies with a declining SP, in almost every occasion you will find people with accusations of sinister goings-on, 'manipulation' they all scream as the price dwindles. In reality there's just too much supply. Who would have thought with so many SOI that would be a problem here?

    I notice some orders popping up around 1c, IMO it's not impossible for these to get hit as the selling appears to be intensifying.
    Last edited by Jasox: 23/09/19
 
watchlist Created with Sketch. Add LPD (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(20.0%)
Mkt cap ! $17.17M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $7.027K 3.513M

Buyers (Bids)

No. Vol. Price($)
167 144696372 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 73484494 49
View Market Depth
Last trade - 10.04am 25/07/2024 (20 minute delay) ?
LPD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.