From memory, this morning we had just over 200K on offer at 14c, and again from memory, around double that or more on bid at 13.5c, which later swelled to 700K odd, then to 1.7M odd with the addition of a 1 mil order.....this is when I left my station.
When I come back it appears the 1 mil buyer from 13.5c has taken out the 14c line, then another seller (or the same one) has taken out the bid balance of the 1 mil buyer who moved to 14c, and now the offer sits at 14c still with 231K odd for sale!
35 ASX trades so far today of which 32 have been at 14c for a total of 1,275,820 shares. The other three trades were at 13.7c for a total of 2,519 shares.
Surprised no one has mentioned this yet.....anybody care to throw another lazy 1 mil order at 14c to see what happens.....ds???.....or are you the other guy?...sorry, couldn't resist that!
We either have a big seller here who doesn't want to show his hand too strongly, and 14c is his price, or we are perhaps under the influence of something that needs to happen around this price...imo.
What's your take Brick?
Trading today
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