I like crash's input into the threads as it provides another aspect on the company.
My gut tells me that the company has had the opportunity to release whatever they had in their armory in order to blow up this scumbag algorithm/bot trader through the quarterly and annual reports they have just released. They were unable to show any new info, aside from the ongoing work and hence the trader reappeared and manipulates the price as they like.
Historically this time of the year has shown SP weakness.
The trader, no doubt hiding behind one of those nominee companies, is in firm control with the bot activity and I think we will test new long term lows this time around as the new highs were no formed. My call as opposed to crash's is we will test the 30's again.
The unrelenting bot trading on the companies SP, more than any other company I know is my theory as to why the charts don't work on TLG and why the TLG was brought up on the charts forum as a special case.
Whoever said the ASX was a fair play ground for all participants!!
A Technical Analysis on TLG, page-566
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Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $177.9M |
Open | High | Low | Value | Volume |
46.0¢ | 47.0¢ | 43.5¢ | $292.0K | 643.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4799 | 45.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.5¢ | 15261 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5499 | 0.440 |
1 | 9302 | 0.430 |
1 | 6500 | 0.415 |
1 | 60975 | 0.410 |
7 | 13024 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.470 | 28921 | 2 |
0.475 | 5000 | 1 |
0.480 | 11920 | 2 |
0.490 | 15970 | 2 |
0.500 | 67704 | 4 |
Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
TLG (ASX) Chart |