An article I'd like to share with my fellow punters which could explain a thing or two about recent (and not so recent) trading activities:
I'm not saying this is what has happened/is happening, just that it is a possible explanation for the volumes and price movements. We all know there are some big interests out there who's average price per share isn't so crash hot...
I should add this is also happening to PUA at the moment (formerly HEG). Perhaps I'm wrong and it is a big call to make I suppose, but certainly within the realms of possibility.
Here's another article in a similar vein:
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Last
9.3¢ |
Change
-0.002(2.11%) |
Mkt cap ! $222.2M |
Open | High | Low | Value | Volume |
9.7¢ | 9.7¢ | 9.1¢ | $279.9K | 2.998M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 210448 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.3¢ | 22762 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1773521 | 0.011 |
11 | 2924000 | 0.010 |
6 | 4510000 | 0.009 |
7 | 2258300 | 0.008 |
1 | 142857 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 620532 | 3 |
0.013 | 1998837 | 5 |
0.014 | 926384 | 7 |
0.015 | 670000 | 2 |
0.016 | 1179000 | 5 |
Last trade - 15.40pm 27/11/2024 (20 minute delay) ? |
MEI (ASX) Chart |