the easiest way for instos to pick up stock from the retail holders is to take price down. once the price stops falling, the selling will lessen and the price will then turn up.
and then the stock will be in stronger hands.
i bought a fair chunk at 2.22 yesterday. not one of my best buys. but that chunk is now in strong hands. i have no interest in selling.
MPL - Thoughts ?, page-77
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Last
$3.77 |
Change
0.020(0.53%) |
Mkt cap ! $10.38B | |||
| Open | High | Low | Value | Volume |
| $3.72 | $3.79 | $3.72 | $22.37M | 5.938M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 156646 | $3.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.78 | 205242 | 5 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MPL (ASX) Chart |