Yes it appears to be pump and dump -- traders I assume.
When it gets down around .08 to 1 they clog up the lower bid positions with millions and control the buying-- then it gets pumped .They then clog both sides of the buy and sell with large bids and leave a blank spot as the only exit or entry point for some mug( like me).
From today's trading , it appears to me that they are in sell-down mode at 1.4 -- watch the lower bids evaporate as they progress to sell down at lower levels -- in my view its the traders propping up their own position so that they can sell out at higher levels and then repeat the whole cycle all over again.
Only my view , but would be interested in the thoughts of others.
regards
Q
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.27M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 2.1¢ | $251 | 11.96K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4368 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 303920 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4368 | 0.021 |
5 | 1060605 | 0.020 |
14 | 2649662 | 0.019 |
8 | 1781294 | 0.018 |
4 | 1131953 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 303920 | 4 |
0.023 | 1106427 | 4 |
0.024 | 600000 | 2 |
0.025 | 449282 | 5 |
0.026 | 850000 | 1 |
Last trade - 13.47pm 05/09/2024 (20 minute delay) ? |
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MLS (ASX) Chart |