IPR 0.00% 4.1¢ ipernica limited

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  1. 308 Posts.
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    Can I just save everyone some time with the following observations:

    Its an illiquid stock, and like all illiquid stocks price movements will be volatile.

    Some of the small volume orders are leftovers from the other side of the trade. i.e. someone puts up 100,000, someone buys 95,382 and the pathetic difference is left over. There's been a bunch of leftovers for ages now. As the stock is so illiquid all it takes is one guy to leave a tiny bit leftover and those leftovers remain for a long time to come until someone feels like mopping up the odd number.

    Other small volumes are just small punters having a go. 10,000 shares is just under $1k.

    Trading on illiquid stocks is both risky and rewarding. Decide if you are long or short and stop worrying about the daily fluctuations.
 
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