Ah its a good dilemma to have,
Possible scenarios
1. Todays trading was simply sparked by soft ware picking up the massive volume change on Friday, so traders are just making money and don't even know what SPL does.... if thats the case, when the momentum changes sell.
2. The seller that offloaded the 10 million, has actually been selling for the last 18 months and the 10 million yesterday was the end of that. It's been picked up by someone who doesn't intend to sell anymore, so with no sellers, the SP will naturally trend up.... if thats the case, wait and see what the next few days produce, there may be more in this...
3. CEO recently puchased, 10 million buyer knows good things coming, this is going higher, hold
I was banging on and on months ago, down trend revearsals start with massive volume changes, would have liked to see more volume today, however that 20% spike will also spark the traders soft ware, good luck, bumbed I missed it.
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Last
9.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.81M |
Open | High | Low | Value | Volume |
9.3¢ | 9.4¢ | 9.3¢ | $72.77K | 782.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 394537 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 52000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 394537 | 0.093 |
1 | 50000 | 0.091 |
1 | 10331 | 0.090 |
3 | 91247 | 0.089 |
2 | 100001 | 0.088 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 52000 | 2 |
0.096 | 100000 | 1 |
0.097 | 40000 | 1 |
0.098 | 200000 | 1 |
0.100 | 116000 | 4 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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SPL (ASX) Chart |