Agreed. The push back from 3.7 to 3.1C is due to day traders. They pushed back the price for further accumulation on a verge of (almost certainly) getting positive news soon. They pushed the price up to 3.7 made the market fool and brought it back. If you notice the huge volumes associated with MGT including last year, its always in between 0.004 to 0.005 difference between day start n day end. When it jumped upto 3.7, I was discussing same thing with my friend. It was so true it came back to 3.1 (4 pips compared to last day close of 2.7). Again have to agree with you, the volume built up is always for a reason.
The true reason may be is something someone else knows but for me they are clearly giving us hints via interviews,articles, announcements, the potential is there, huge hints that almost certainly we know whats coming next, We all know we will have positive next ore trial results. GLTASH. DYOR
MGT share price, page-1642
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Last
30.5¢ |
Change
0.005(1.67%) |
Mkt cap ! $30.02M |
Open | High | Low | Value | Volume |
30.0¢ | 30.5¢ | 30.0¢ | $51.59K | 169.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 128999 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 35523 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 128999 | 0.300 |
4 | 35689 | 0.295 |
8 | 86150 | 0.290 |
3 | 20099 | 0.285 |
2 | 28140 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 35523 | 1 |
0.315 | 52000 | 1 |
0.320 | 18114 | 2 |
0.330 | 33657 | 1 |
0.340 | 10300 | 1 |
Last trade - 15.31pm 12/07/2024 (20 minute delay) ? |
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