Its my opinion the floor has been reached, because all that is happening now is 'fake' buyers are creating an inordinate amount of trades at 0.215 with these fake small parcel share buys.
So whilst the SP appears to sit at 215 for most of the day, the real volume is being sold at 220. The end of day VWAP confirms that today approx 80% of the days volume is sold at 220. But on a numbers basis, it appears ~75% of the trades are being conducted at 0.215.
So all you weak hands falling victim to the tree shake, look at the course of sales to see all these fake buys going on. Why would you sell a good sized parcel of shares down because you are being baited with $7 fake bid?
At some point this nonsense will stop and the SP will trace back up and all you who sold at 215 will be kicking yourself.
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- Message for the weak hands dumping @0.215
Message for the weak hands dumping @0.215
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $18.53M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $3.621K | 1.257M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
121 | 181496973 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 20055545 | 43 |
Last trade - 15.53pm 04/07/2024 (20 minute delay) ? |
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