You are dead right. Liquidity is a problem. However you/I can do it with EDE a lot of the time. There are other stocks as well on the ASX. eg Lynas (LYC) has allowed me a good trade this week. It is hard to trade within TAS itself but it is easy to swap up and down with EDE as the relative value changes by the hour even if the closing prices ratio changes do not reflect this ability. Even today with little variation the ratio changed from 1.216 to 1.27. Not enough for me to trade but all I needed was half a pip my way on either stock and my orders would probably have been filled.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 221958 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 16035 | 0.039 |
3 | 215789 | 0.038 |
1 | 200000 | 0.037 |
2 | 80000 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 50000 | 1 |
0.045 | 127874 | 1 |
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