The question is was he a "net" seller.
While the downward push on the LOM shares was taking place there were constant buyers appearing on LOMOB (at $0.145 & $0.15) during the day ... and even a 100,000 LOMOA buy order at $0.32 waiting to be filled.
The 167,00 LOM seller which managed to push LOM share price down, may have also been the person that picked up some LOMOB during the day.
He may bought 500,000 LOMOB at $0.15 and sold 167,000 LOM with minimal cash effect ... yet maximised his potential future gain.
Food for thought.
I'm in for the long haul ... no matter what!
Looking forward to a eventful and interesting week next week ... there are a lot of overdue matters and updates pending release and announcements ... and this will also coincide nicely with the UK investor presentation.
Zippy1
The question is was he a "net" seller. While the downward push...
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Last
6.3¢ |
Change
-0.003(4.55%) |
Mkt cap ! $18.27M | |||
| Open | High | Low | Value | Volume |
| 6.5¢ | 6.5¢ | 6.1¢ | $22.58K | 360.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 186345 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 100000 | 1 |
View Market Depth
| Last trade - 15.57pm 21/06/2024 (20 minute delay) ? |
| LOM (ASX) Chart |