so a stock has 94 buyers and just ONE lonely seller in all of Australia, and makes a good announcement late in the day, that's a good thing right ? WRONG !!
and a dummy buy bid for 100k hit the screen in the auction and stayed there for all of 2 minutes, then he was gone. I have NEVER seen a stock with a 94-1 buy/sell ratio be down at days end after a good announcement late in the day, my head is spinning. here are today's late trades, note the 65c price just after the announcement, and the 4.10pm closing price on pi$$y little volume.
04:10:18 PM 0.600 1,000 600.00
04:10:18 PM 0.600 3,000 1,800.00
03:58:44 PM 0.600 10,000 6,000.00
03:48:59 PM 0.600 423 253.80
03:48:59 PM 0.605 7,577 4,584.09
03:48:59 PM 0.610 2,000 1,220.00
03:34:58 PM 0.650 4,000 2,600.00
Market Depth BUY
Number Quantity Price
1 21,341 0.600
1 11,764 0.595
2 6,658 0.590
4 22,100 0.580
1 10,000 0.570
2 49,103 0.560
3 10,648 0.555
10 58,021 0.550
6 36,883 0.540
2 4,608 0.535
94 buyers for 620,572 units
Market Depth SELL
Price Quantity Number
0.655 8,000 1
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