Very strange transactions at present. The price is being pushed down rather softly. No dump but a continual sale of small parcels, mostly less than 20,000 shares.
I get the impression a broker or brokers may have an overstretched client and to get their money (or part of) they are selling the client's holding. However they don't want to spook the market and lose even more if the client is on the skids. Thus little parcels. Would love to know which broker is the major seller today?
strange goings on
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Last
1.7¢ |
Change
-0.002(10.5%) |
Mkt cap ! $7.842M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.6¢ | $108.2K | 6.447M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 456999 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 400000 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CAZ (ASX) Chart |