QPN 27.3% 0.8¢ quest petroleum nl

musashi I take your point but I've been watching it pretty much...

  1. 1,653 Posts.
    musashi I take your point but I've been watching it pretty much tick by tick for the last couple of weeks and the windows of opportunity have been very short. What I mean by that is once a line gets wiped that level gets very heavily stacked with bids quite quickly and there's not been a lot of selling into the bids.

    Sure there will be some traders in but from what I've observed they'll be a small portion of recent volume. Unless they were willing to buy off the offer which again adds that extra pip of risk. I would think a lot more got left behind in the queue than those that got in.
 
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