your calculation is completely correct. Generally, worthy stock is under control of big brokers and always retailers and weak holders are being pointed by big boys capping.
for example in $IRC, ORD has accumulated 13M since last year in average of 18c, however, she tends to sell shares under buy price on 6th of month to force $EGS and retailers to dump their shares around 14c (where 1.3M shares sit in 14 c on 6th of month). This shows how Mkt can be controlled under brokers.
Personally, I believe that $EGS is not hurry to sell $IRC shares and Hartleys as her broker wouldn't sell any shares under 16.5c.
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your calculation is completely correct. Generally, worthy stock...
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Last
3.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.62M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 3.8¢ | $59.08K | 1.526M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10915 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 433858 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10915 | 0.038 |
4 | 438135 | 0.037 |
4 | 505777 | 0.036 |
9 | 198143 | 0.035 |
4 | 444147 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 433858 | 2 |
0.041 | 156305 | 1 |
0.043 | 200000 | 1 |
0.044 | 30150 | 2 |
0.045 | 50000 | 1 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
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