SP3 5.56% 1.7¢ spectur limited

I am waiting to buy more Everytime I think the bottom has been...

  1. 1,534 Posts.
    lightbulb Created with Sketch. 28
    I am waiting to buy more
    Everytime I think the bottom has been reached there is a little bit of selling (on small volume) that sends it down

    For people think there is no manipulation of share prices: the SP of AVA was sent from 20c to 16.5c on the trading of one share about two weeks ago, and because of that one parcel trade, the share price lingered around 16.5 to 17.5 c for about a week with about 300-400k shares trading hands. Obviously the institution who sold that one share to send the price down about 15% wanted to accumulate from the amateurs who were scared off by the large drop in share price. They didn't get much though.

    Anyway, the share price is now 22c because of some good news with 1.5m shares traded the last two days.

    I think my point is that at this end of town (on shares with low liquidity), the share price can easily be manipulated down .. or up I suppose. I see this with SP3.

    A MC of less than $9m is really silly for this company but irrationality in the markets is common.
    Last edited by juneauquan: 04/12/18
 
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Last
1.7¢
Change
-0.001(5.56%)
Mkt cap ! $4.942M
Open High Low Value Volume
1.7¢ 1.7¢ 1.7¢ $3.486K 205.0K

Buyers (Bids)

No. Vol. Price($)
1 45460 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 649122 4
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Last trade - 12.33pm 27/11/2024 (20 minute delay) ?
SP3 (ASX) Chart
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