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1.3¢ ausquest limited

Can you explain that strategy a bit please. Are you saying,...

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gannet54

308 Posts.

15

27/08/20

18:27

Post #: 46876700
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Originally posted by rebel1: ↑

I do not think any insiders knew anything. The lurker after 4pm with 1 mill bid at 3.2 was fishing to see if any extra sell orders would appear. some it would seem are accumulating, they sacrifice some shares to buy more net result bigger holding at less cost . Even if the next few drills come up empty handed, there are still quite a few more, now if we strike it good on a couple of drills ( and we can't change what's in the ground) then I wonder where our price would be????

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Can you explain that strategy a bit please. Are you saying, given the low volumes of trades generally seen with these small gold explorer stocks, that an accumulator would sacrifice a handful of shares by selling them into a dip to exaggerate that dip, then swoop in and buy up a larger bundle of shares after a few panicky holders decide to sell out on the fabricated slump in the SP? Is that process predictable enough for someone to actually benefit from?

AQD Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.3¢		Change -0.001(7.14%)		Mkt cap ! $10.72M

Open	High	Low	Value	Volume
1.3¢	1.3¢	1.3¢	$1.1K	84.61K

Buyers (Bids)

No.	Vol.	Price($)
2	300000	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	624357	1

View Market Depth

No.	Vol.	Price($)
2	300000	0.012
1	84000	0.011
2	1300000	0.010
3	255626	0.009
3	1700000	0.008

Price($)	Vol.	No.
0.013	624357	1
0.014	4226692	2
0.017	1050815	4
0.018	900000	4
0.019	150000	1

Last trade - 13.19pm 17/06/2024 (20 minute delay)

AQD (ASX) Chart

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