Whiskey, I too thought that manipulation was crap, but a couple of days ago I came across a button on my Commsec account that shows the sales one by one.
I was amazed that merely hundreths of a second after someone purchased at 7 cents, a CXXT trade would go through for 1 to 100 shares and drop the price right back. 1 share! Why would anyone sell one 6.9 cent share?
Sorry, but I think the ASX is corrupt and is being manipulated. Much like lotto is a tax on stupidity, I am beginning to think that the stock market is a tax on gullibility.
This is a horrible business, page-16
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Last
47.5¢ |
Change
-0.005(1.04%) |
Mkt cap ! $43.89M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 47.5¢ | $37.01K | 77.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43897 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 32778 | 1 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |