It's been happening for almost a year. I would say that it is someone trying to accumulate. Always slots in a 100 sell parcel in order to get otehr sellers to go below that if they want to sell. In the mean time, they have some smallish buy orders in and the sellers come to the party for the accumulator.
In February, GWR had an out of the ordinary big volume day, with no selling depth to support. In fact there were only 2 or 3 lines of sellers at that point. The SP rocketed with a volume of about 200,000. That day, after the shares traded, sellers were all lined up past 10 levels.
GO figure......there wasn't any seller depth for months and then after some large volume, all the shares were up for sale again forcing any other sellers to go below the current market price if they want to sell.
These scoundrals are using the current economic state of affairs to pick up the great coy for nicks.
Just waiting to pick up Joe Bloggs shares because he had to sell because he got laid of the mines and cant pay his mortgage and so fourth.
It definitely stinks, but I am accumulating too, but just doing it the hinest way and not manipulating the SP
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It's been happening for almost a year. I would say that it is...
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Last
8.8¢ |
Change
0.002(2.33%) |
Mkt cap ! $26.33M |
Open | High | Low | Value | Volume |
8.6¢ | 8.8¢ | 8.6¢ | $1.91K | 22.20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 30174 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 9984 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2216 | 0.100 |
1 | 40000 | 0.099 |
1 | 10000 | 0.098 |
1 | 7402 | 0.074 |
1 | 300000 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 60000 | 1 |
0.115 | 20000 | 1 |
0.120 | 6795 | 1 |
0.130 | 33334 | 1 |
0.140 | 16000 | 1 |
Last trade - 11.37am 04/12/2024 (20 minute delay) ? |
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GWR (ASX) Chart |