Pauldola That 1 share change in the Auction is a Auction Traditioal. It's done by Brokers long before High Frequency/ Bot Trading EVER came on the scene.
It's allowable Market Making on the ASX. It has a connection to Iceberg Bids and ASKS. The old time U Boats. Paul the Auctions Opening and Closing [especially] are where Brokers "do their business".
Brokers doing their Orders personally not for on line clients but their Direct Clients paying the Fees.
Big Orders not retail.
Anyhow they work around VWAP. Buy Below days VWAP and Sell Above it is Good Brokering.
Buy and sell On the VWAP is expected by such clients and a broker trading out of touch with VWAP consistently BUY over Sell Under would get replaced.
Anyhow in there somewhere I'm trying to explain this one share "bit". It's like IceBerg Bids. It's a Market Maker "ploy" to Open/Close on VWAP. It is not so very much a Manipulation Plot of TON Haters and Enemies. It's Brokers justifying their existence and fees. their Whack, Their VWAP
cheers
- Forums
- ASX - By Stock
- TON
- Another Day, another fall in share price
Another Day, another fall in share price, page-11
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TON (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $2.635K | 236.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1537767 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 64520 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1537767 | 0.011 |
7 | 1021583 | 0.010 |
3 | 511204 | 0.009 |
4 | 512500 | 0.008 |
2 | 302850 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 64520 | 1 |
0.013 | 500000 | 2 |
0.014 | 147992 | 2 |
0.015 | 190000 | 2 |
0.016 | 399875 | 2 |
Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
|
|||||
Last
1.2¢ |
  |
Change
0.000 ( 4.55 %) |
|||
Open | High | Low | Volume | ||
1.1¢ | 1.2¢ | 1.1¢ | 329618 | ||
Last updated 14.16pm 31/05/2024 ? |
Featured News
TON (ASX) Chart |