I find it so incredulous that a trade of 47 shares in QFY today at .001, 4.3c, is enough to cut the Company's value in half to $1.48m.
1. Who would place such a trade and WHY?
2. Who would accept such a trade...and WHY?
This has happened on a number of occasions over the past 6 weeks with trades of 7.6c, 8.4c, 5.3c and the absolute classic of 2.3c, all halving the Company's value by up to $1.5milloin.
Behind the scenes, those far above my pay grade are 'manipulating' the price for reasons only they know and ultimately, you would assume to benefit, them.
Perhaps some of you avid readers may have some insight or suggestions?
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Last
2.2¢ |
Change
0.004(22.2%) |
Mkt cap ! $3.084M |
Open | High | Low | Value | Volume |
2.2¢ | 2.5¢ | 2.2¢ | $3K | 129.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1463 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1463 | 0.023 |
1 | 766 | 0.018 |
1 | 29420 | 0.017 |
1 | 35000 | 0.016 |
1 | 333333 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 10000 | 1 |
0.034 | 140927 | 1 |
0.035 | 8242 | 1 |
0.036 | 30303 | 1 |
0.038 | 175000 | 1 |
Last trade - 13.52pm 31/05/2024 (20 minute delay) ? |
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ZMM (ASX) Chart |