Beginning to look like those VALOB's I bought a month or so ago were a tremendous mistake. What a great shame, as it felt as though there was some positive momentum at the time.
It could be that a larger holder is attempting to drive the head SP down to accumulate more shares, but to offer ~42M shares on the next pip on the ask is a ballsy move. Someone could take that out very quickly.
As I write this, the 42M has disappeared from the depth. Let's see if they get dumped into the bids at 0.009. This would be a sign that a larger holder is looking to exit their position quickly.
VAL Chart, page-255
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Last
1.8¢ |
Change
-0.001(2.78%) |
Mkt cap ! $5.837M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.7¢ | $28.17K | 1.542M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 884597 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 296927 | 4 |
View Market Depth
| Last trade - 15.20pm 15/11/2024 (20 minute delay) ? |
| THB (ASX) Chart |