i think you'll find that 1.6m/2m buyer bought as the sp was falling back down. They probably arent that worried about the short term fluc that the light volume sell off cause to their parcel value. They wanted in. It would be different if they bought as it was hurtling upwards... then perhaps its greed and emotion creating the trade. This was a clear calculated decision to put a huge buy in the path of sellers as it was declining. I like that. $300k isnt a small amount.
Let's see if you "wouldnt want to follow that" if the sp heads back into the mid 20s in the next day or so. I personally think it held up well off the back of a huge rise to only sell down on low volume (hence vwap so high).
So many smarta$$es on this forum with their one liners...but they are always after the fact commentators.
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $31.10M |
Open | High | Low | Value | Volume |
0.9¢ | 1.1¢ | 0.9¢ | $503.0K | 52.84M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 4749269 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 17804638 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 4749269 | 0.010 |
59 | 19364990 | 0.009 |
33 | 18578093 | 0.008 |
12 | 8308954 | 0.007 |
4 | 4750000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 17604475 | 17 |
0.012 | 40702364 | 15 |
0.013 | 2021801 | 9 |
0.014 | 1243685 | 5 |
0.015 | 1127257 | 5 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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