SP1 0.00% $1.07 southern cross payments ltd

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  1. 6,615 Posts.
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    notthemama, Smart buying today. A few strange sell orders pumping up the sell side to potentially scare people into selling.

    There are 3x sell orders at 100,000 each sitting at 0.23 / 0.25 / 0.295. These have been there for a while now.

    Isn't it interesting how if this seller really wanted to they could have sold out at 0.22c or more a few days ago.

    Those and other strange orders have been sitting there for a while. They obviously have other motives. I wouldn't be surprised if this seller is also the one with multiple orders at 50,000 throughout the spread.

    Someone trying to keep the price down and slowly accumulating....?

    This is the price you pay when getting in at the ground level with a 0.20c stock.

    With such few shares available, when this stock moves, it will move quick. The downside of this is that its easy manipulated.
 
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