Friday was a wonderful example of a tree shake. A capper placed a (from memory) 500k order at around 0.13, close enough to the bid to look scary but not close enough to risk being taken out. Weak holders who'd been watching the declining price saw that large order and panicked, dumping into the bid. With 30 minutes to go & the stampede well underway the capper removed his order. This morning it hasn't come back, and the big sell order at 0.22 has also gone. I'm wondering whether someone's gotten their fill & will be happy to let it rise from here.
Friday was a wonderful example of a tree shake. A capper placed...
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 (20min delay)
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Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $10.59M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.8¢ | $16.16K | 416.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 105242 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 200000 | 1 |
View Market Depth
| Last trade - 14.47pm 21/11/2024 (20 minute delay) ? |
| KNO (ASX) Chart |
