I was referred to the ASX where in August 2005 it was decided to make reforms.
https://www.asxonline.com/intradoc-cgi/groups/participant_services/documents/communications/asx017223.pdf
So brokers cannot advise who is buying or selling or whether it is one individual making several trades.
While that may seem "fair play" unfortunately it means dark pools can adjust prices accordingly without transparency.
The market doesnt want investors. It only wants traders.
As for GGE any material change must be disclosed to the market. This includes Director Interests. Having already claimed that there were "oil shows" I would imagine this precludes any GGE Director from dealing in their shares during this period.
To me its just a quick tree shake so they can enter a trade at the lowest possible level before lift off. Its all about the money.
T1
perceptions arent realities, page-14
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.57M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $3.867K | 644.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1565500 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 3016706 | 4 |
View Market Depth
| Last trade - 12.46pm 19/07/2024 (20 minute delay) ? |
| GGE (ASX) Chart |