500 million shares sold at 8 cents, if only 1% of them get sold for a quick profit, thats 5 million shares hitting the market. 5% of them will be 25 million and so on, unless buyers step up to soak up those sells then the SP will drop towards 8 cents.
500 million shares sold at 8 cents, if only 1% of them get sold...
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Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 51.5¢ | 50.0¢ | $187.3K | 369.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 47199 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |