ADY 0.00% 1.1¢ admiralty resources nl.

re: ady - set to rocket ahead From what I understand a U order...

  1. 384 Posts.
    re: ady - set to rocket ahead From what I understand a U order must be for $200,000 worth of stock or more.

    But one should be careful as the U order is often used to give a false impression either of strengh in the depth or the opposite ie selling pressure to force the little players to sell under him whilst he mops them up.

    Ask yourself if you wanted 200 grand worth of stock would you advertise your presence, I doubt it, more likely you would quietly accumulate and the same if you were selling, more than likely you would filter them into the market so as to not panick any body.
 
watchlist Created with Sketch. Add ADY (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $17.92M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $406 36.91K

Buyers (Bids)

No. Vol. Price($)
2 1100000 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 490165 1
View Market Depth
Last trade - 10.41am 12/07/2024 (20 minute delay) ?
ADY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.