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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rectifier technologies ltd
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Last
0.6¢ |
Change
0.001(10.0%) |
Mkt cap ! $7.600M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $1.104K | 187.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2955273 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 2519916 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 2755273 | 0.005 |
17 | 6526649 | 0.004 |
6 | 3340000 | 0.003 |
2 | 2100000 | 0.002 |
2 | 3600000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 2470716 | 11 |
0.007 | 2322045 | 5 |
0.008 | 600000 | 1 |
0.009 | 1012353 | 2 |
0.010 | 450001 | 7 |
Last trade - 10.26am 08/08/2025 (20 minute delay) ? |
RFT (ASX) Chart |