I see that.
Last week "smacking" happened in first hour of trading. 1hr-Chart below for last week.
The effect run out of puff. This week they are having another go (the test) (the last one?), Lets see if this time they hit 600k shares (like last Tuesday in the opening). It doesnt appear so so far. So my take is the supply is running too thin for them.
It is obviously a value zone (under $2.20), but if there is no liquidity, they cant do much. Thats when phase D starts, and mark-up is ready.
Let's see if my theory is right, or I am wrong as usual...
The Dawn of EV, page-310
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Last
23.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.67M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 23.5¢ | $10.41K | 44.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30946 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 5922 | 2 |
View Market Depth
| Last trade - 11.16am 16/07/2024 (20 minute delay) ? |
| E25 (ASX) Chart |