The stock market in general IS being manipulated. This is done to create volatility and the overall number of trades. Remember the ASX and the brokers need and rely on turnover to stay in business and profit. Imagine what would happen if we all decided not to buy or sell for a month.
In saying that though I doubt that there is currently enough turnover in LYC stock to satisfy those interests. It is lack of interest and lack of new news that is dominating trade in LYC right now. The real manipulation will come when there is volatility due to an update or a news release.
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Last
$8.16 |
Change
0.140(1.75%) |
Mkt cap ! $7.496B | |||
| Open | High | Low | Value | Volume |
| $8.15 | $8.27 | $8.15 | $5.719M | 703.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1489 | $8.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.17 | 3939 | 9 |
View Market Depth
| Last trade - 10.20am 08/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |