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.
![]()
- Forums
- ASX - By Stock
- 1MC
- Message for the weak hands dumping @0.215
Message for the weak hands dumping @0.215
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 1MC (ASX) to my watchlist
|
|||||
Last
4.4¢ |
Change
0.001(2.33%) |
Mkt cap ! $10.87M |
Open | High | Low | Value | Volume |
4.2¢ | 4.4¢ | 4.0¢ | $11.17K | 266.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 308748 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 166024 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 268748 | 0.040 |
1 | 18000 | 0.039 |
1 | 50000 | 0.037 |
1 | 16500 | 0.036 |
1 | 31281 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 166024 | 4 |
0.045 | 114350 | 5 |
0.046 | 21739 | 1 |
0.047 | 45000 | 1 |
0.048 | 20833 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
1MC (ASX) Chart |