No not really.
What is occurring and has been occurring for the last 2 months is a market maker or range trader stabilising the share price.
When it gets to the top of the range they sell and drop the price and then over time at the lower price they start to buy it back sucking up the shares sold by those who believe such movements have specific reasons including; "someone is in the know" or "leaky ship".
When people give incorrect reasoning to SP movements and buy or sell their shares based on such reasoning the market maker slowly sucks up excess shares for value whilst setting the share price of that company. The asx/ asic tolerate it because it inhibits large flash movements of stock prices.
NTI is in no different of a position as what it was 3 months ago - we are awaiting publication of NTI's full study results - a massive developmental stage milestone and one that will drive the future sales of its mente autism device.
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No not really. What is occurring and has been occurring for the...
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Last
7.0¢ |
Change
0.001(1.45%) |
Mkt cap ! $64.55M |
Open | High | Low | Value | Volume |
7.1¢ | 7.1¢ | 7.0¢ | $16.67K | 237.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 75250 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 23082 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 589299 | 0.070 |
1 | 36231 | 0.069 |
5 | 240000 | 0.068 |
2 | 255000 | 0.067 |
3 | 262000 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 100000 | 1 |
0.074 | 40000 | 1 |
0.075 | 738582 | 2 |
0.076 | 90000 | 1 |
0.077 | 190000 | 3 |
Last trade - 14.13pm 28/11/2024 (20 minute delay) ? |
NTI (ASX) Chart |