Was it a deliberate effort to push down the price yesterday (0.126) and today (0.13) so that someone else could accumulate?
Was it done by the same person/s?
I noticed for both days, the sudden drop in price only happened early in the morning when then bid and ask spread was wide and in very quick time.
When I saw the sell queue 0.13 (30 lots) this morning, I tell myself it will disappear fast. True enough, it was snapped up in very quick time before I could react and buy all the 30 lots.
if it close at 13.3-13.6 cents around, i see it as a positive signal.
those who hv bought hv probably accumulated enough...
eratat needs a catalyst such as dividend, Q2 result or buyback etc in order to move up again...
the peak wrote: Was it a deliberate effort to push down the price yesterday (0.126) and today (0.13) so that someone else could accumulate?
Was it done by the same person/s?
I noticed for both days, the sudden drop in price only happened early in the morning when then bid and ask spread was wide and in very quick time.
When I saw the sell queue 0.13 (30 lots) this morning, I tell myself it will disappear fast. True enough, it was snapped up in very quick time before I could react and buy all the 30 lots.
the bid/ask is 4 to 5 bids apart. quite normal to see done prices +4 or -5 bcos in between is vacuum. typical of no interest in the mkt, until 1pm onli 44 lots done for eratat