Will be interesting to see if the action continues today.
Anachronist, thanks for the reply, I get what you mean, but my thinking was going along the lines of:
If there was more than one party involved in the buying, and knowing that MEL is still significantly undervalued, I would have thought the buying action would be pushing prices up as the buyers could not afford to wait to let the price dwindle before continuing to buy.
LNGLG purchases alone don't really explain the huge volumes we have seen in the last few days...
mystery deepens, page-18
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Last
0.5¢ |
Change
-0.001(9.09%) |
Mkt cap ! $7.287M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $3.34K | 623.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2460492 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 8009364 | 3 |
View Market Depth
| Last trade - 15.09pm 15/10/2024 (20 minute delay) ? |
| MEL (ASX) Chart |