AL8 0.00% 0.3¢ alderan resources limited

This type of course of sales action can be used to mask...

  1. 8,844 Posts.
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    This type of course of sales action can be used to mask accumulation buying.

    Big buys are made at the offer followed by a constant stream of sells into the bid to suppress the share price and hopefully keep the share price flat(ish).

    If a big buyer was to accumulate a large position in a stock without doing this, the share price would jump up too fast and alert the market which might further drive the price up and when every % counts, that is no bueno.

    Needless to say when you see this kind of activity on a stock you are invested in you should take it as a positive sign. A lot of companies throw the term "world class" around too lightly, the Frisco system is definitely world class asset in an 1st world jurisdiction.
 
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Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $3.818M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
15 34866882 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 10861310 12
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Last trade - 16.12pm 15/11/2024 (20 minute delay) ?
AL8 (ASX) Chart
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