Thanks LT, that's my angle. To me, it seems logical that we calculate how many sellers there are, and who is the biggest contributor of these sell volumes.
Without BG, I would assume one of two things: lower volumes overall, or people who want to buy are willing to buy at a higher price(as there is less sell supply).
Would love to hear from others where my logic is flawed, as this would help me understand the data better.
RAC - Charts & Price Action, page-11294
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Last
$1.94 |
Change
0.055(2.92%) |
Mkt cap ! $330.4M | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.96 | $1.85 | $333.0K | 174.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3105 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 7574 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |