Laurion Mineral Exploration Inc. V.LME

Level 2 Data - March 15, 2024 11:32am

[mithril56]

[Level 2 Data below]



Interpret as you please.

[Mattheu11]

Your interpretation?! 

[Wmaver]

That buyer with 5 Million at 5c is committed!  it has been there for over a year now!  and orders only last 90 days.  so that is at least 4 times of making it again.

[Toddsquad]

...do crazy buy offers like this impact the stock exchange algorithms?  ....  does this buy offer restrain LME SP value?

[DAM$]

That crazy 5M bid is only worth $25000 and means nothing. There are $60000 worth of bids within 5% of the close. The only thing restraining the price are the weak hands selling shares at market and not holding for a higher bid   That pesky 40 cent wall is just a blip with Canaccord selling some shares and someone at CIBC grabbed 115000 of those shares in one buy yesterday. The price

[Mattheu11]

How's our wall doing today? 

[DAM$]

No wall. Canaccord (033)  almost done selling what they needed to and now we wait to see if we can start to move up a bit. [img]htt[/img]

[Thebluestroy]

another one (dj khaled gif) 

[Mattheu11]

?

[DAM$]

Not a wall when there are more bids than asks 1/2 a cent apart but there is a new seller. Likely one person as I doubt 7 different people decided to sell shares all from Credential but I don't know why the ask is broken down into 7 wierd amounts. Now we wait to see who blinks first, the bidders or the sellers [/img]