So true.
At the moment in the oil and gas sector the ones with the money and agendas call the shots.
Look at CVN yesterday for example.
The buy/sell side in the final 10 minutes.
The match up had only one share making the difference between an 0.086 finish and an .087 finish.
Call that coincidence?
No its not and happens on a regular basis on many stocks that seem to be controlled.
The reasons why this happens so often are beyond me though.
Maybe to stop it going through short term resistance so it does not run higher.
Maybe an accumulation ploy?
Who knows?
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $286.2M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 15.5¢ | $290.1K | 1.827M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 1159858 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 282662 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 1159858 | 0.155 |
11 | 1113924 | 0.150 |
18 | 717263 | 0.145 |
16 | 690994 | 0.140 |
4 | 444408 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 282662 | 5 |
0.165 | 1114685 | 13 |
0.170 | 641240 | 16 |
0.175 | 388438 | 5 |
0.180 | 415439 | 10 |
Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
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CVN (ASX) Chart |