Holla, have you checked the broker data for the last few days ? The activity on Friday shows no signs of accumulation at all - unless people using CommSec are BOT trading these days
http://hotcopper.com.au/threads/tim...or-big-sells.2765643/page-20?post_id=17740451
Trading last Friday was close to 100 million shares, worth around $2 million. It traded between the price points of 2.8c and 4.2c
If someone wanted to accumulate, they would surely have done it then... there was ample opportunity (heaps of liquidity) at prices lower than today's. I can't for the life of me see any indication, or understand why someone would try and accumulate in a low liquidity environment, at a higher price than a mere week ago.
No indications of accumulation at all IMO. Distribution if anything.
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3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.20M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 215000 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 30000 | 1 |
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No. | Vol. | Price($) |
---|---|---|
3 | 215000 | 0.030 |
2 | 100000 | 0.029 |
3 | 750000 | 0.025 |
1 | 1875000 | 0.021 |
1 | 1 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 30000 | 1 |
0.041 | 123849 | 1 |
0.044 | 120000 | 2 |
0.046 | 21759 | 1 |
0.055 | 18399 | 2 |
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