There is a possibility but a smart trader will not put out a 5 million sell order at one time to scare the buyer away (and hoping that he can sell the 5 millions share and take some profit) so I strongly believe it's someone trying to push down the share price and grab more at bargain. I might be wrong, but this is my personal point of view.
MGT share price, page-2795
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.60M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 17.0¢ | $33.25K | 195.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 91389 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 141000 | 2 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| MGT (ASX) Chart |