NEC 3.10% $1.10 nine entertainment co. holdings limited

I am looking at Commcec and see that at 3.46 pm AEDT today...

  1. 137 Posts.
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    I am looking at Commcec and see that at 3.46 pm AEDT today Wednesday 27/02/19 there have been 9,196 separate trades done in NEC for a total of 11,030,056 shares traded for an average of 1,199 shares per trade. Are we supposed to believe that today on 9,196 separate occasions there was only an average of 1,198 shares traded on each occasion??? 

    The average number of shares per trade has been virtually the same for the last hour.
     
    If you look at the Order Detail screen on Commsec you will see that there are 31 buyers wanting to buy a total of 59,2015 shares @ $1.69 and and 59 sellers wanting to sell a total of 98,812 shares to sell at $1.69 per shares. 

    Really!!!!!!

    This game has been going on for weeks and today they have managed to get more than 11 million of your NEC shares cheaply.

    Notice how when it looks like the the amount of shares for sale starts to dwindle and you think that the buyers will have to pay a higher price to get your shares, up comes another 10-20 sellers wanting to sell a puny amount at the same price thus keeping the price held down whilst they accumulate your NEC shares cheaply, IMO.

    The buy order and sell orders and continuously dropped in and the totals hardly move on the buy side and the sell side as soon as a trade is done to back fill what has been traded, IMO.

    There is 10 minutes of trading to go today plus the 10 minutes of matching after that when they get really serious about grabbing you NEC shares today.

    Just see how many shares are traded between 4.00 pm and after the 10 minutes of matching.

    GLTA
 
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Last
$1.10
Change
-0.035(3.10%)
Mkt cap ! $1.958B
Open High Low Value Volume
$1.14 $1.14 $1.09 $4.013M 3.612M

Buyers (Bids)

No. Vol. Price($)
3 22344 $1.10
 

Sellers (Offers)

Price($) Vol. No.
$1.10 28916 3
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Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
NEC (ASX) Chart
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