It must be a real worry being new at the game and seeing the price drop and all the fake sell orders being put up on screen. Do not worry the ASX are examining the recent trading activity to determine who was manipulating the price. Imagine a new investor who bought in on the announcement of the Copper find at up to .22 and watches his investment smashed to .11 for no good reason. I bet many sold in panic and who are the buyers? The ones stacking the sell depth.
It would be a great idea if the ASX only displayed offer and buy at one price tick as to stop this manipulation.
The buy and sell depth is a pure market manipulation tactic tool.
Apart from that, hang tight cause this will be going a lot higher, current prices are one of the biggest jokes on the ASX.
RBM
redbank mines limited
consider the future, page-7
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