Correct. I have been taking screenshots of that action for a while as evidence if needed.
Last week it was 1.5m (1m and 500k - two orders) at 0.001c. In previous weeks there has been similar activity.
All orders are to placed with a genuine intent to trade as per ASX regulations. There is no conceivable intent to trade at 1/10 of a cent. The broker is complicit in allowing that trade to be placed.
The obvious intent is to create an impression of demand when rising and vice-versa.
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