No arguing here, just explaining that the institutions have even more power now after the additional CR shares. Easier for them to manipulate the share price and take short term profits as they please - more weighting compared to retail. No consolidation is going to change that. Therefore, it is a pointless exercise - The instos have the same power.
It just harms retail more than anything because the trading systems change. Support levels and zones are more spread out. Basically, our support and combined resistance will then be outgunned by their weighting and power. The only way we can win is with more retail coming on board and we need a constant stream of good news for that. We continue waiting patiently!
Top 20 Movement, page-209
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Last
46.5¢ |
Change
0.005(1.09%) |
Mkt cap ! $165.6M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 46.0¢ | $263.5K | 565.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43596 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 16800 | 2 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| AUC (ASX) Chart |