BMO 7.69% 0.6¢ bastion minerals limited

Still plenty of supply at 32c (VWAP for the past few days) but...

  1. 47 Posts.
    Still plenty of supply at 32c (VWAP for the past few days) but demand is still there to absorb that supply.
    And that's just what a large seller would want. There is one order at the bottom of Bid side that has been there for some time. I suspect it to be a "Phantom Bid " to prop-up the buy/ sell ratio. 875000 at 16c (coincidence that it's half of current market value???). Once the supply at 32c is gone it will be interesting to see if that order remains or if it's pulled.
    Colin
 
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