Today's pattern is why I avoid speculating on pre-market bids and indicative pricing. 'Smart' dumpers, especially for penny stocks, wouldn't show their hands so obviously and try to milk momentum for as much as possible during a small intraday run, then release the rest once there's enough buy volume to let them exit at a good price even if it turns the sp red again (but their own average sell price is still green).
Lets just wait for ANN end of the month.
Today's pattern is why I avoid speculating on pre-market bids...
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Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $419.9M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 15.0¢ | 13.0¢ | $1.102M | 7.740M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 293297 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 453674 | 8 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |