The manipulation and the capping of our sp has started. At one stage of the day, there were only 8 trades for about 40k shares sold in total, and they managed to push the sp down to 63.5 cents at one stage of the game.
I am also confident that those 8 sales orders that went through before the last one (9th) that pushed the sp up to current levels, were mostly churning of shares amongst themselves, in the hope that some nervous nellies would sell into them.
IMO it would have been different if there was a major sell out of shares with huge volumes, but there wasn't. Hence why the fall in price, to me, is highly irrelevant.
My one and only suggestion is for investors to not fall for the trap or getting pushed into a situation where one can become nervous, and to not sell anything. Just let these people churning amongst themselves and to each other as long as they like, or until the cows come home. If people stop selling into them, they will quickly get the idea, and hopefully they will leave us alone.
Regards all.
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Last
44.0¢ |
Change
-0.015(3.30%) |
Mkt cap ! $218.5M |
Open | High | Low | Value | Volume |
43.0¢ | 45.0¢ | 43.0¢ | $20.69K | 46.53K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 7504 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.435 |
5 | 48354 | 0.430 |
1 | 2320 | 0.425 |
1 | 8500 | 0.420 |
1 | 24000 | 0.415 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 7504 | 1 |
0.450 | 10000 | 1 |
0.460 | 1000 | 1 |
0.465 | 14995 | 1 |
0.470 | 20000 | 2 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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