My take is:
Sellers are not in the know and simply had enough or need some cash for something else.
No buyers as those who bought at 5cps in the placement are in the know and not able (allowed) to buy which points to some positive news soon.
I am not a proponent of the price manipulation theory with OIL.
ready to go again, page-39
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $129.4M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $463 | 2.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 46748 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 46940 | 2 |
View Market Depth
| Last trade - 12.18pm 02/12/2024 (20 minute delay) ? |
| OIL (ASX) Chart |
