I have this picture of maybe 3 connected, deep pocketed entities or individuals selling around in circles to each other, driving the price down & picking up any sellers panicked out of their shares on the way. Don't believe me? try putting a decent sized bid just above any decent sized buys when there is a gap. Slows the descent rate markedly.
Of course it would slow it anyway, but seems to be a pattern.
who and why are they selling, page-19
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Last
77.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.43M | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 77.0¢ | 77.0¢ | $7.928K | 10.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10780 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 5000 | 1 |
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| Last trade - 15.31pm 11/09/2024 (20 minute delay) ? |
| MYG (ASX) Chart |