DXF 0.00% 5.0¢ ding sheng xin finance co. limited

Looking at past trade It takes only 2133007 shares to push the...

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    Looking at past trade

    It takes only 2133007 shares to push the price from 40 cents down to 10 cents

    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7
    0 Security
    Date
    Open
    High
    Low
    Close
    Volume
    1 DXF
    18/05/2017

    0.1

    0.1

    0.09

    0.094

    241122

    2 DXF
    17/05/2017

    0.105

    0.105

    0.105

    0.105

    69428

    3 DXF
    13/05/2017

    0.11

    0.11

    0.11

    0.11

    29546

    4 DXF
    12/05/2017

    0.11

    0.11

    0.11

    0.11

    29546

    5 DXF
    11/05/2017

    0.11

    0.11

    0.11

    0.11

    1

    6 DXF
    10/05/2017

    0.115

    0.115

    0.115

    0.115

    35000

    7 DXF
    9/05/2017

    0.115

    0.115

    0.115

    0.115

    47261

    8 DXF
    8/05/2017

    0.12

    0.12

    0.115

    0.115

    195500

    9 DXF
    2/05/2017

    0.15

    0.15

    0.13

    0.13

    48121

    10 DXF
    1/05/2017

    0.135

    0.14

    0.135

    0.135

    67822

    11 DXF
    28/04/2017

    0.14

    0.14

    0.14

    0.14

    14178

    12 DXF
    27/04/2017

    0.135

    0.14

    0.13

    0.14

    194144

    13 DXF
    26/04/2017

    0.14

    0.14

    0.14

    0.14

    102214

    14 DXF
    24/04/2017

    0.14

    0.14

    0.14

    0.14

    4000

    15 DXF
    20/04/2017

    0.14

    0.155

    0.135

    0.155

    159500

    16 DXF
    19/04/2017

    0.155

    0.155

    0.135

    0.135

    295000

    17 DXF
    12/04/2017

    0.17

    0.175

    0.17

    0.175

    33720

    18 DXF
    10/04/2017

    0.17

    0.175

    0.17

    0.175

    53000

    19 DXF
    7/04/2017

    0.185

    0.19

    0.175

    0.175

    291280

    20 DXF
    6/04/2017

    0.23

    0.23

    0.2

    0.21

    125335

    21 DXF
    4/04/2017

    0.215

    0.22

    0.215

    0.215

    16768

    22 DXF
    6/03/2017

    0.28

    0.28

    0.28

    0.28

    21421

    23 DXF
    3/03/2017

    0.32

    0.32

    0.31

    0.31

    59100

    24





    2133007



    Then it takes, 1029363 shares to push price from 10 cents down to 5 cents


    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7
    0 Security
    Date
    Open
    High
    Low
    Close
    Volume
    1 DXF
    14/08/2017

    0.056

    0.056

    0.055

    0.055

    100000

    2 DXF
    10/08/2017

    0.063

    0.065

    0.063

    0.065

    99635

    3 DXF
    9/08/2017

    0.066

    0.066

    0.066

    0.066

    21334

    4 DXF
    8/08/2017

    0.068

    0.068

    0.068

    0.068

    12075

    5 DXF
    7/08/2017

    0.07

    0.07

    0.07

    0.07

    3800

    6 DXF
    3/08/2017

    0.073

    0.073

    0.073

    0.073

    30996

    7 DXF
    2/08/2017

    0.075

    0.075

    0.075

    0.075

    500

    8 DXF
    28/07/2017

    0.087

    0.087

    0.085

    0.085

    100503

    9 DXF
    7/07/2017

    0.087

    0.096

    0.087

    0.096

    101168

    10 DXF
    30/06/2017

    0.087

    0.087

    0.086

    0.086

    252500

    11 DXF
    23/06/2017

    0.087

    0.087

    0.087

    0.087

    37657

    12 DXF
    19/06/2017

    0.087

    0.087

    0.087

    0.087

    2399

    13 DXF
    16/06/2017

    0.087

    0.087

    0.087

    0.087

    3

    14 DXF
    15/06/2017

    0.088

    0.088

    0.088

    0.088

    2498

    15 DXF
    14/06/2017

    0.087

    0.088

    0.087

    0.088

    50098

    16 DXF
    13/06/2017

    0.087

    0.087

    0.087

    0.087

    2

    17 DXF
    8/06/2017

    0.091

    0.091

    0.091

    0.091

    2

    18 DXF
    7/06/2017

    0.093

    0.093

    0.093

    0.093

    1

    19 DXF
    6/06/2017

    0.092

    0.095

    0.092

    0.095

    55000

    20 DXF
    31/05/2017

    0.092

    0.096

    0.092

    0.096

    100000

    21 DXF
    24/05/2017

    0.096

    0.096

    0.096

    0.096

    29400

    22 DXF
    23/05/2017

    0.105

    0.105

    0.1

    0.1

    11000

    23 DXF
    22/05/2017

    0.095

    0.096

    0.095

    0.096

    18787

    24 DXF
    19/05/2017

    0.091

    0.095

    0.091

    0.095

    5

    25





    1029363



    In all, it takes only 3 million shares to push price from 40 cents down to 5 cents..

    That is a very very small volume, compare to 517 million shares issued..  This indicate to me that, no large holders is dumping their shares.

    What it indicate is that, this stock is very illiquid. There is no buyers.

    Price dropped from 40 cents to 5 cents does not mean, there is something seriously wrong with the stock. What it mean is that a holders is wanting out badly, and willing to accept ridiculous price

    Unlike XPD where there is a short sellers deliberately pushing price down. There is no short sellers here. Just a sellers, want out really really bad
 
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