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8.60%

8.5¢ argosy minerals limited

Benign Banter & Price Predictions, page-5385

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seagull

4,504 Posts.

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25/01/18

14:46

Post #: 30570799
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Originally posted by Onspeed ↑

Thanks mate, appreciate the reply

I think I follow you, basically the term Market Maker has taken on a slightly different meaning than it’s original discription. If I understand you correctly the MMs can be considered the large financial players (Brokers, Instos, Other) that can move the price due to volume they trade or simply the tactics they use? And they can choose to do this as sort of manipulation to lure in buyers or sellers instead of making money from having a tradition “spread”

It is confusing for me because when I see a broker report the majority of volume is through a retail brokerage system like Commsec so I just assume the the MM role is deminished due to supply/demand coming from retail.. but I suppose the MMs have much more power during times of little volume where they can move the price around?

These guys are the same ones that employ bots to move the price I suppose?

Expand

Yes that is how I see it as well and that view is sort of verified in a lot of the literature I have read.
The late Tom Williams who wrote "Master the Markets" is one of those who used the term CM to describe the collective market or Smart Money.
Well worth reading by the way.

AGY Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.5¢		Change -0.008(8.60%)		Mkt cap ! $123.7M

Open	High	Low	Value	Volume
9.0¢	9.3¢	8.5¢	$362.9K	4.093M

Buyers (Bids)

No.	Vol.	Price($)
9	459867	8.5¢

Sellers (Offers)

Price($)	Vol.	No.
8.7¢	93664	1

View Market Depth

No.	Vol.	Price($)
9	459867	0.085
3	99873	0.084
4	169062	0.083
3	336585	0.082
2	114691	0.081

Price($)	Vol.	No.
0.087	93664	1
0.088	232558	1
0.089	69615	2
0.090	91167	2
0.091	52101	2

Last trade - 16.10pm 15/07/2024 (20 minute delay)

AGY (ASX) Chart

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