Sometimes patience is required.
Just wish to point some things out - looking at today's trades. This is the latest one that I can see:
12:24:11 PM 0.440 100 44.00
That single trade down to 44c seemed to have triggered a few more larger trades into the 44c range. If I was a betting man I'd probably say someone stop losses may have been triggered, traders getting nervous, or maybe a few more profit takers. No one can discern motive from trades obviously. However the bot action you can discern, and its effects have been pretty dramatic. Each bot sell triggers further sells in a range.
One other thing to consider. Buy side 775k and sell side 3735k. Shares on issue - 254m. So total shares on market buy and sell is 2% of overall shares on issue. Anyone who wants to manipulate the stock can do it easily. It would only take a seller selling stock with $57k to get it below the 42c mark. Easy to manipulate.
Sometimes patience is required.Just wish to point some things...
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Last
25.5¢ |
Change
0.013(5.15%) |
Mkt cap ! $18.29M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 27.5¢ | 23.0¢ | $136.1K | 536.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.58pm 12/07/2024 (20 minute delay) ? |
| QHL (ASX) Chart |