MAY 0.00% 3.1¢ melbana energy limited

May Chart, page-10482

  1. 16,956 Posts.
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    Doesn't help that we have quite a large spread at 10c, you have to have a good amount of conviction to buy into the bid and incur a 5% market impact cost. This stock is also quite liquid, which prevents large swings (as opposed to an illiquid stock where it only takes a small order to change price significantly)
 
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