@Kron00 I was interested by this that you wrote a couple of weeks back, especially after watching the pattern of price action each day lately, particularly in light of our couple of positive announcements. We go up in the morning with momentum and then get pegged steadily back in the afternoon to end up closing even or down a cent or two. Rinse and repeat the next day.
Do you believe the below is the issue? How do Merchant in good conscience do this? If they are manipulating the price, aren't they affecting the value of their own clients' portfolios in a negative manner? Or is the price manipulation more complicated than this and caused by many things. Is it even manipulation at all or is it just what the share market does (act irrationally)?
@Kron00 I was interested by this that you wrote a couple of...
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Last
$1.87 |
Change
-0.025(1.32%) |
Mkt cap ! $317.5M | |||
| Open | High | Low | Value | Volume |
| $1.97 | $2.02 | $1.85 | $1.189M | 605.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.89 | 30 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
$1.86 |
Change
-0.025 ( 1.00 %) |
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| Open | High | Low | Volume | ||
| $1.97 | $2.04 | $1.86 | 48029 | ||
| Last updated 15.57pm 13/06/2024 ? | |||||
| RAC (ASX) Chart |