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
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.38M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.7¢ | $11.56K | 680K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 374991 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 188420 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 374991 | 0.017 |
12 | 1853409 | 0.016 |
4 | 4546812 | 0.015 |
4 | 1041428 | 0.014 |
2 | 125000 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 188420 | 2 |
0.019 | 305000 | 2 |
0.020 | 902223 | 3 |
0.021 | 745880 | 5 |
0.022 | 258675 | 2 |
Last trade - 10.43am 14/07/2025 (20 minute delay) ? |
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MLS (ASX) Chart |