I don't think it is someone trying to cap the price. It looks like they are trying to sell a full position and they are willing to do it in fairly large lots with the volume and interest today. They will eventually be exhausted which is the only positive to take out of that.
Tech Analysis - Breakout !!!!, page-8
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Last
55.0¢ |
Change
-0.030(5.17%) |
Mkt cap ! $75.54M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 57.0¢ | 53.5¢ | $53.17K | 97.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 28000 | 1 |
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| Last trade - 15.21pm 18/09/2024 (20 minute delay) ? |
| SMN (ASX) Chart |