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22/03/21
21:28
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Originally posted by Immetoday:
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Great signs for SBW holders in the medium/long term Massive capper sitting there at 14c with 149,999 shares on offer. For those that don't understand how this works........any seller who wants out now must drop their bids under the 14c wall. Capper who has the 14c sell order sits at 13.5c and scoops up what is offered by the people bailing out. No one does this unless they are sure of a positive outcome long term. (they are basically risking 150K shares based on a hunch people will sell out cheap) If someone was to start buying into the 14c order they will disappear. Likely that's also their order at 15c too
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.....and there ya’ go. Capper at 14c has now gone (149,999 order gone) Someone with plenty of cash wanted in today.... Good sign