I agree, the way it was executed was very strange and its been happening over many days. There was clearly an attempt to have it match down each day as you can see the 1 share residual on the bid post auction. Either it's forced seller from a margin or its someone driving the stock lower to get a better price assuming there is a capital raise coming
What is even stranger is that if 40-50 million shares came on market in a 3 day period in any other time, it would have dropped the price by 5c - someone is also clearly happy to sit on the bid and absorb lots of stock. A million shares a day previously was a big day.
Does look like a major flush out.
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I agree, the way it was executed was very strange and its been...
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Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $41.66M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $7.884K | 492.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 300000 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 600000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 300000 | 0.015 |
1 | 250000 | 0.014 |
2 | 538307 | 0.013 |
3 | 309800 | 0.010 |
2 | 66428 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 400000 | 1 |
0.018 | 23944 | 1 |
0.019 | 322615 | 2 |
0.020 | 422697 | 2 |
0.021 | 251930 | 2 |
Last trade - 12.36pm 06/09/2024 (20 minute delay) ? |
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