AJX 8.33% 1.3¢ alexium international group limited

TA discussion, page-5868

  1. 539 Posts.
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    Watching the closing action proved interesting if not informative .

    Time 4.00pm
    ajx  15 09  4.00.PNG

    At 4.00pm it looks as though a closing price of 44 c will be achieved

    Time 4.03

    ajx  15 09  4.03.PNG

    Increase demand @ 44c is met with a new sell order of 32591 @ 43.5 , resulting in 43.5 c
    close , the cynical amongst us recognizing a familiar pattern , however not much can really
    be inferred at this point .

    Time 4.07pm

    ajx  15 09  4.07.PNG

    Someone step up to the buy side with 10230 @44.5 , so were back to a 44c close ,
    look what happens next

    Time 4.09

    ajx  15 09  4.09.PNG

    Again someone steps up albeit with a small order giving the buy side 55,358 shares @44c+
    , but look a new sell order appears that gives us 55360 shares available @43.5 and lower
    ( 32574 +22700+62+17 +7 ) , remarkably thats two extra shares needed for a 43.5c close

    Time 4.09.30

    ajx  15 09  4.09.30.PNG

    At the finish , the buy side is reduced to 32659 @44c and the 22700 sell @43 has been pulled
    and guess what , were left with 32660 shares for sale @43.5c or lower , giving us one share to
    close us at 43.5

    ajx 15 09   4.10.PNG

    Highly coincidental or manipulative .......cheers
 
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