With regards 'someone eating @ 1.9c this afternoon':Todays...

With regards 'someone eating @ 1.9c this afternoon':

Todays trading:
Of the 52 trades for today;
- the first 4 trades in the rush hour (the 5 minutes after the 10am open) were 1.8c of pre-trades. A few more pre-trade sellers needing to unload than buyers wanting in during pre-open.
- for the entire rest of the day - from 10.05 till 4pm, of the remaining 48 trades, 44 were punters BUYING IN at 1.9c. Only 4 trades were sold DOWN @ 1.8c. Therefore, by this afternoon the 1.9c trades were getting thin, so a case of get in whilst you can at this price, because obviously it doesn't look likely to last. Smart buyers were taking out the 1.9c trades before they all go, rather than trying to save $0.001 per share and become seller number 27, 8,400,000 shares back in the 1.8 queue watching the buy price sail off over the horizon.
- the 'at market' price for anyone wishing to sell to awaiting buyers is currently 1.8c and has about 8.34k of buyers waiting, VS the next in line 'at market buy in price' of 1.9c having only 1.63k of sellers, so about a 5:1 ratio there. The share turnover today was 11.5 million shares, and for the week, about 190 million, so the maths makes it pretty easy to see where we are headed. Unless the European bank stress tests and/or the US market figures and market sentiment tonight severely ballses up our Monday morning open, it's pretty much understood that the remaining 1.9c will be chewed up real quick, and the cheapest buy in price won't be south of 2c again - quite possibly ever again. And if you think that's sounds a bit far fetched, go back and re-read the last few company announcements.

...of course that's just my opinion...