Fair point Bigcrazau - I guess there is an exception to every rule - chances are slim for the history to repeat here though IMO - there must be 100's of examples of companies with large numbers of script issued that spike heavily on good news - the traders usually own these for a day or three.
If PEN can release news frequently then they can go a long way to controlling the influence DT's have - pretty well impossible to keep them out though, unless you have a very low liquidity ticker.
Cheers
Cabe
so who's propping up the buy side?, page-26
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Last
9.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $299.5M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.5¢ | 8.8¢ | $4.430M | 47.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24749394 | 9.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.5¢ | 1182349 | 10 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| PEN (ASX) Chart |