Just a bit of stackin going on noodle. Looks like a regular game of backgammon in the market depth. 4 or 5 orders of 2-5 mil each taken from buy side and a few big orders appear on the sell (1.8 & 1.9).
I would guess from similar action a month or so ago, after the trading halt, that fair dinkum market depth is somewhere about 36 mil:36 mil.
What does this mean? Not much. Large holder with some spare, trying to feign interest? Dunno.
True, a continuation of some sort of consolidation range and a favourable announcement/s will be needed to turn this tugboat leeward.
Mug
GGP Price at posting:
1.2¢ Sentiment: LT Buy Disclosure: Held
