I think I see what you mean, if there’s a consolidation, it takes a bigger SP movement to move the share price by let’s say 10%.
so at the moment, a small trade can drop SP by 9.09% like today’s trade, but if the price was 11c instead of 1.1c then a bigger number of trades will be required.
You know, I found the number of the investors relationship manager a couple of months ago. He was great about getting back to me within a couple of hours of giving him a call.
Could be worth mentioning it to him.
Someone’s capping, page-6
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.59M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $18.22K | 2.278M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 550579 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 6590000 | 3 |
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| Last trade - 14.20pm 25/06/2024 (20 minute delay) ? |
| TAL (ASX) Chart |