NetX (0020)
What will happen to the bid-ask spread?!
You may be pleasantly surprised that all the bids disappeared.
23.3.2020
Bid 0.005 (208,689,300)
Ask 0.01 (12,103,100)
ππ
26.3.2020
Bid 0.01 (250,000)
Ask 0.015 (92,783,300)
ππ
On 23.3.2020, 12,103,100 shares were offered for sale at 1 sen per share but many buyers appeared in the queue wishing to buy lower, at 0.5 sen per share.
On 26.3.2020, there were ready buyers for 250,000 shares at 1 sen but many sellers asked to sell at 1.5 sen per share.
What will happen to the bid-ask spread?!
You may be pleasantly surprised that all the bids disappeared.
23.3.2020
Bid 0.005 (208,689,300)
Ask 0.01 (12,103,100)
ππ
26.3.2020
Bid 0.01 (250,000)
Ask 0.015 (92,783,300)
ππ
On 23.3.2020, 12,103,100 shares were offered for sale at 1 sen per share but many buyers appeared in the queue wishing to buy lower, at 0.5 sen per share.
On 26.3.2020, there were ready buyers for 250,000 shares at 1 sen but many sellers asked to sell at 1.5 sen per share.
No comments:
Post a Comment