Don't be surprised if the sellers at 5.1c are also the buyers at 4.9c.
If 3 million suddenly appeared at 5c to buy would those sellers still be there.
I don't think so.
Unfortunately we have no way of knowing who those sellers are. But someone keeps moping up the stock at 4.9c.
That we do know.
The ASX took care of that a few years back when they stopped brokers from being able to identify the buyers and the sellers.
The reasoning was to make the market more transparent.
Believe it or not.
I can see no other reason for sitting at 5.1c as a seller,
other then try and make the stock look heavy.
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