Shimmer help me out, how do "accumulators" keep the price down? When i was taught economics when more buyers were in a market and they exceed supply, it has to put upward pressure on price? I do believe there are share price manipulators, but i struggle with the assumption they are accumulators.
Dont mean to sound negative but there were huge hopes on sp this week because of Indabaa, didnt happen and now all pretty quiet on that front?
Still more posts saying share price about to "rocket up".
Isnt the current share price a true market reflection of value v risk, particularly given the other issues in the world of ree companies currently?
Love the pek story, think there is massive upside, but encourage all holders to be realistic about what to expect. The stuff in the ground (as massive as it is) aint worth squat if it isnt sold. Investors will continue to measure risk and buy/sell accordingly. All lt holders should think the same way. Be patient, and dont be ignorant of risk.
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Shimmer help me out, how do "accumulators" keep the price down?...
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $53.28M |
Open | High | Low | Value | Volume |
20.5¢ | 21.0¢ | 20.0¢ | $8.98K | 43.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17969 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 73288 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17969 | 0.200 |
4 | 114738 | 0.195 |
2 | 32631 | 0.190 |
1 | 70000 | 0.185 |
3 | 74000 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 73288 | 1 |
0.220 | 93012 | 3 |
0.225 | 36158 | 2 |
0.230 | 109368 | 5 |
0.240 | 60000 | 2 |
Last trade - 15.59pm 19/08/2024 (20 minute delay) ? |
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PEK (ASX) Chart |