APG 0.00% 0.2¢ austpac resources nl

APG depth question

  1. 241 Posts.
    Just wondering why would people start putting in sell orders that are way above the current price. Last week there were just 4 levels of sell orders now all ten levels that I can see have an order with a big one at 0.088 while the buying interest has stayed about the same.

    If a good annoucement was due and these people knew it they would be buying not selling wouldn't they? Why put in sell orders that arn't likely to be met?
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