Reasons why to buy: Perhaps it's smart money buying shares in an undervalued company.... U price set to rise given the economics... Large or small players wanting to buy after a stockholder wipeout....
Bots can put in orders at a set time and amount and wait for it to be filled... This happens all the time and doesn't mean it's fake or something nefarious is going on.... Also is it 'Atrificial Demand' if the orders are being filled... Simple economics if 'they' didn't put an order in at $0.175 maybe it wouldn't drift lower, maybe it wouldn't get filled... Maybe it would go higher.... Also putting in a lower buy price is taking on the 'risk' of not filling buy orders...
PDN - Atrificial Demand???, page-3
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Last
$7.47 |
Change
0.590(8.58%) |
Mkt cap ! $2.234B | |||
| Open | High | Low | Value | Volume |
| $7.09 | $7.51 | $7.09 | $98.97M | 13.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | $7.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.48 | 10967 | 2 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |