ORN 11.8% 1.5¢ orion minerals ltd

Quick market depth analysis: 916,670 @ 24 has been there for a...

  1. 672 Posts.
    Quick market depth analysis:
    916,670 @ 24 has been there for a long time. I believe it is a real resting sell order.
    1M @ 25, 1M @ 26, have just appeared today (welcome darlings). And because of this, I have a strong inkling that they are actually buyers with their buy orders already in a bit lower, spoofing to get filled...and if price trades aggressively and hits into 25-26, surprise surprise, I suspect they will pull their big sells. I could be wrong, but that is just my guess...will be watching closely.

    Snapshots of the depth below (post-market yesterday, pre-market today, mid-day today. Compare it with now)
    ORNy.jpg
    ORNpre.jpg
    ORNmid.jpg
 
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Last
1.5¢
Change
-0.002(11.8%)
Mkt cap ! $109.3M
Open High Low Value Volume
1.6¢ 1.6¢ 1.5¢ $16 1.002K

Buyers (Bids)

No. Vol. Price($)
3 372501 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 501945 2
View Market Depth
Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
ORN (ASX) Chart
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