The price on the close can mean nothing .... liquidity means everything.
If a trader has a reasonable holding, say they bought $5000 at approx .039 ... then lets say you have over 120K of shares.
Try selling that ... and on current market depth you would send the price back to .040.
- Forums
- ASX - By Stock
- up 25.714%
up 25.714%, page-4
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online