RFT 0.00% 0.7¢ rectifier technologies ltd

Since I initially purchased this stock a few years back, Ive...

  1. 3,177 Posts.
    lightbulb Created with Sketch. 514
    Since I initially purchased this stock a few years back, Ive been intrigued as to why the Sell column always seems to maintain a volume between 8-11mil shares. It doesn't seem to matter whether good results are released or when we have long periods of no news, the volumes stay between those amounts. Trying to rack my brain as to why that is occurring. If it's someone or a few trying to stifle the SP or keep it low, they've certainly got extraordinary patience imho, especially if they expect that some time down the track the SP will move higher and they believe the company will continue to diversify and remain dynamic in the area of electricity rectification technology. If that is not the case, why leave those shares in the Sell column, unless of course they bought the stock at a much lower price and are happy to cash in as the SP fluctuates, thereby taking profits.

    Anyone else out there got any theories on this?

    Mr B
 
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Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $9.674M
Open High Low Value Volume
0.8¢ 0.8¢ 0.7¢ $8.092K 1.095M

Buyers (Bids)

No. Vol. Price($)
12 3251193 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 5306240 9
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Last trade - 15.55pm 24/06/2024 (20 minute delay) ?
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