MCE 2.13% 23.0¢ matrix composites & engineering limited

Can anyone explain the likely motive of the current bids on MCE....

  1. 14,113 Posts.
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    Can anyone explain the likely motive of the current bids on MCE. The stock is currently buyer 40 cents/seller 42 cents but there are orders in to buy 156 shares at every 0.5 cent increment from 37 cents to 39.5 cents? Is this aimed to support the share price, suppress it, or it's impossible to tell?
 
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Last
23.0¢
Change
-0.005(2.13%)
Mkt cap ! $72.45M
Open High Low Value Volume
23.5¢ 23.5¢ 22.0¢ $55.45K 242.7K

Buyers (Bids)

No. Vol. Price($)
3 113179 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 28075 2
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
MCE (ASX) Chart
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