I watched a bit of trading today..
There's always the 2m wall safely a few points away, then the standard 1m mate that slots in a point lower, along with a heap of 500k orders that creep the price down.
Someone bought 1.5m at 2.3.. then it was pushed down again.. and the 1.5m appears as a 2.2 sell (along with the 500k sells that always join the queue)
If someone wanted to actually sell 1.5m, very unlikely they would lob it in the sell queue and flush out more sellers.
Was very strange trading today, early and late.
Are they flushing out sellers and buying low ahead of the big news?
I grabbed a few more late at 2.1 just for a week.. thinking if they are manipulating it down like usual after news, they trap the t2 traders who bought in yesterday open, and do away with them by the end of today.
The top 2.0 order is 1 of the corrupt bots that somehow puts itself at the top of the queue.
We just needed a big player to smash 2.4 this morning, which would've pushed back the 2m order yet again.
The big boys aren't stupid, they'll soon see it's a capper and buy up this bargain.
We're still around heavily manipulated, bottomed out 2c range where it's so far undervalued, the tech alone is worth the market cap!
If/when we see a Westpac (or other) $2m+ job, this could easily triple on reopen.. and the manipulators have succeeded in months of ongoing flushing out sellers and slopping it all up.. again today, many millions on chix.
Hard to imagine many sellers left when this does fly soon..
I'd like to sneak a few out above 5c for some payments and a ute in a month or so.. but will definitely be keeping most of them.
Still think it's easily 10 bags from here once that big revenue hits, and starts to flow throughout 2018.
Current $25m MC is so far undervalued in my opinion.. as the recently posted article proved.. plenty of asx tech stocks with 10x Nor MC, even less revenue (with nor about to explode with bigger deals), and much higher annual losses than Nor.
Our time is coming...
All my opinion.
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Last
3.7¢ |
Change
0.001(2.78%) |
Mkt cap ! $17.58M |
Open | High | Low | Value | Volume |
3.6¢ | 3.7¢ | 3.6¢ | $9.509K | 262.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 200000 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 21154 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 200000 | 0.035 |
2 | 201000 | 0.034 |
3 | 260000 | 0.033 |
3 | 575000 | 0.032 |
5 | 940000 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 21154 | 1 |
0.040 | 100000 | 1 |
0.041 | 123849 | 1 |
0.043 | 1630000 | 2 |
0.046 | 46559 | 2 |
Last trade - 12.06pm 22/08/2024 (20 minute delay) ? |
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