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Potential Billion Dollar Company, page-414

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1,781 Posts.

05/10/16

18:38

Post #: 19648811
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Originally posted by Quingees ↑

A question for those more knowledgeable than I! Looking at the depth at the moment - on the face of it there are buyers for 70m shares and sellers for 21m shares. Usually a good sign to have buyers outweighing sellers. But 54m of the buyer shares are at .001! So if one disregards the buys at .001 then in fact the sells outnumber the buys - not a good sign. So my question is this - is this an intentional attempt to manipulate or something else? I guess if it is intended to put some floor under the SP then it isn't working as the price continued to edge down today. I have not come across this before but, by the same token, I have not had a lot to do with penny stocks and perhaps it is a common practice. Comment welcome.

BTW - like the management and think this could be a goer, so just doing some research.

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You also have a big volume at sell side from 4.5c all the way up to the top level
IMO it's props all that meter are the buy and sell
Been holding this for around 1 year now
Some days within minutes everthing changes
One thing I know when it's trading at 4.5c + the 0.001c orders are not longer allowed

IAM Price at posting: 3.7¢ Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

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(20min delay)
Last 2.0¢		Change 0.000(0.00%)		Mkt cap ! $11.41M

Open	High	Low	Value	Volume
1.9¢	2.0¢	1.9¢	$11.37K	581.3K

Buyers (Bids)

No.	Vol.	Price($)
1	99996	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	378047	3

View Market Depth

No.	Vol.	Price($)
1	99996	0.019
3	1434231	0.018
1	1000000	0.017
2	1050000	0.016
1	265199	0.014

Price($)	Vol.	No.
0.020	378047	3
0.021	743458	2
0.023	596966	3
0.024	75000	1
0.030	803353	3

Last trade - 16.10pm 18/09/2024 (20 minute delay)

CF1 (ASX) Chart