i do have a possible answer, that is the person who has been putting downward pressure on the stock knew that a holder had a large parcel which they wanted out of !
so has been shorting the stock, when they bought this large parcel they covered their short position & have been unloading that stock in the ensuing excited market ?
so buy 100 mil at 9 cents at 2 pm, cover your short position & start selling the rest up to 10 cents for a %10 gain in a couple of hours not bad work if you can get it & now your also ready to start shorting again, with the herd all wanting out if it starts to slide ?
i am keen to see what tomorrow brings.
S3 XT, page-11
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Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18985 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 53073 | 5 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |