Everyone know what wash trading is? Its using one account you own to sell shares to another account you own, often to manipulate the price.
so one veritas company (bora bora ) has sold and another veritas company (indago) has bought from suspiciously disguised accounts that nobody would know were veritas unless they investigated.
what purpose could there be other than manipulating the price. In the early days the manipulation was upwards, remember the price almost doubled a week after the 20c IPO listing. Extremely illiquid company, wash trading, bring the price up high. Then later ofcourse the manipulation started being the opposite way when mma started to run out of cash.
I didnt want to assume so I wrote to veritas and I told them that there was some aggressive selling from one of their companies and could they explain it? Did one if their company really need the money. They blocked my email from that point on just for asking. Now that email sydney@veritassecurities is not their email.
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Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.38M |
Open | High | Low | Value | Volume |
27.5¢ | 28.5¢ | 27.5¢ | $61.42K | 222.8K |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 25703 | 27.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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28.5¢ | 85 | 1 |
View Market Depth
No. | Vol. | Price($) |
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4 | 25703 | 0.270 |
4 | 169975 | 0.265 |
5 | 173960 | 0.260 |
3 | 28800 | 0.255 |
7 | 179000 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 85 | 1 |
0.300 | 2631 | 1 |
0.315 | 45873 | 2 |
0.320 | 35114 | 3 |
0.325 | 12295 | 1 |
Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
27.5¢ |
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Change
0.000 ( 0.00 %) |
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Open | High | Low | Volume | ||
27.5¢ | 28.5¢ | 27.5¢ | 66296 | ||
Last updated 15.58pm 31/05/2024 ? |
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