asteroider, do you think people are manipulating this share? I know that shares do get manipulated only if good news are to follow... in this case, the buyer at $0.15 is luring seller into selling but of course if the price dont go up, there is no point in buying at $0.15. Also, 500,000 shares is a lot which could put you into the top 20 shareholders category. I think only 2 things can happen within the next month.
1) Good news to follow which will spike the price. (hopefully the buyer is an insider).
2) Buyer is an accumulator of MZM who doesnt wish to see the placement below $0.10. This will not be pretty but at least they tried.
montezuma acquires iron ore rights., page-15
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Last
33.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.67M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.0¢ | 31.0¢ | $236.8K | 727.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 21201 | 1 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| E25 (ASX) Chart |