Simple answer that somebody would like to cut losses (bought for speculation and decide quickly getting rid , as soon as pickup that it's no profit)
Not simple answer, that it can be a big play. Somebody selling cheap in order to buy even cheaper.
I picked up that some sales was just for 2-10 shares in a morning. So somebody paid 10-20 dollars to broker in order to buy 1-2 shares for $5? ))) No way. Also min allowed purchase order by ASX is $500
So I believe it's snowflake or snow.. something bidding , when system splitting 1 big order on many orders (for hiding of real order size ) . Some broker's platform allowed to do this sort of split.
So somebody, who not opening details will under full impression , like there are many tradings for reduced price.
And placing order even for lower price
I am waiting for more price drop next week, when all shares will available for trading.
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Last
$3.70 |
Change
0.010(0.27%) |
Mkt cap ! $5.900B |
Open | High | Low | Value | Volume |
$3.72 | $3.73 | $3.67 | $12.66M | 3.423M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 3565 | $3.69 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.72 | 2719 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3565 | 3.690 |
2 | 18565 | 3.680 |
1 | 3565 | 3.670 |
2 | 3651 | 3.660 |
2 | 3865 | 3.650 |
Price($) | Vol. | No. |
---|---|---|
3.720 | 2719 | 1 |
3.730 | 6104 | 2 |
3.740 | 3565 | 1 |
3.750 | 23431 | 4 |
3.760 | 23565 | 3 |
Last trade - 16.10pm 29/03/2024 (20 minute delay) ? |
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Last
$3.72 |
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Change
0.010 ( 0.47 %) |
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Open | High | Low | Volume | ||
$3.72 | $3.73 | $3.67 | 457243 | ||
Last updated 15.59pm 29/03/2024 ? |
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