Damo79 wrote (above):
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If you're happy paying 2.3 cents while 4% of the company changes hands for 1.8 cents, that's up to you. I would expect to see this drift down towards that mark in the near future.
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Looks like you were right - credit given where credit is due. But, based on the volumes, I stick with my contention that: I don't believe the buyer of the 11million shares has been selling them. I think this is more a case of the market adjusting to that 1.8c price point, and negating the buyer an opportunity to offload.
Damo79 wrote (above): ---If you're happy paying 2.3 cents while...
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Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $41.28M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.9¢ | 3.6¢ | $32.65K | 882.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 237938 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 250000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| MEU (ASX) Chart |