i dont think it is that confusing.
Someone set a bot trading yesterday to push the price down to take advantage of the low liquidity and the scared holders who were in big profits... or indeed losses. We know at least one fund was buying yesterday - i suspect it was them. It was plain to see the bot trying to take advantage of every gap in depth to push it lower without selling big chunks... so it scared the daylights out of real people who them sold. It went back miles on hardly any volume really. It did that as it was pushed the whole way. They tried it again this morning and it wouldnt budge. the weak were out. So they had to start buying into the actual sell depth. And this is what happens... especially when all those who sold realise their mistake and want back in.
The next few days will see this reach old highs with likely news landing shortly on visuals. This company is likely about to show the market they have scale and increasing grades... and it will set it alight.
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Last
17.5¢ |
Change
-0.010(5.41%) |
Mkt cap ! $34.58M |
Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 17.5¢ | $10.70K | 61.00K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 43787 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 790 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 43787 | 0.175 |
5 | 157914 | 0.170 |
3 | 12181 | 0.165 |
5 | 206388 | 0.160 |
4 | 114967 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 790 | 1 |
0.185 | 88419 | 2 |
0.190 | 20879 | 1 |
0.195 | 157867 | 1 |
0.200 | 13846 | 2 |
Last trade - 15.59pm 03/09/2024 (20 minute delay) ? |
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GAL (ASX) Chart |