My apologies gassed.... I think you're looking for bogey men that aren't there.
The were numerous posters on Monday who openly shared their glee of trading the crap out of this puppy as it fell... with them buying and out several times just in that one day alone.
So when looking at the number of shares trading hands during this period, the same share has more then likely been traded numerous times, eg: Say 100,000 shares were sold at open, this same 100,000 were probably traded several times through out the day... lets say three times. That will show as 300,000 shares bought/sold in the final tally, but in reality, only one person sold 100,000 and at the end of trading, only one person held those 100,000 shares.
IMO, 13 million shares have not been dumped. It's more likely that a few million were sold, and the rest is just churn with day traders making several trades over the past 3 - 4 days.
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Last
12.5¢ |
Change
-0.010(7.41%) |
Mkt cap ! $60.50M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 12.0¢ | $1.568M | 12.50M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 457722 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 333333 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.115 |
7 | 472031 | 0.110 |
11 | 947628 | 0.105 |
25 | 1490999 | 0.100 |
2 | 20000 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 1573785 | 9 |
0.130 | 254710 | 7 |
0.135 | 293280 | 3 |
0.140 | 225541 | 3 |
0.145 | 344396 | 6 |
Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
GLN (ASX) Chart |