I'd say a combination end of f/y tax loss selling and window dressing for brokers via churning.
I'm not a fan of the manipulation theory but someone could be trying to get in at a lower base as the buy side has increased recently at lower bids.
bail out, page-4
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 (20min delay)
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Last
$2.68 |
Change
-0.010(0.37%) |
Mkt cap ! $134.9M | |||
| Open | High | Low | Value | Volume |
| $2.71 | $2.89 | $2.68 | $440.2K | 158.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 274 | $2.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.69 | 2514 | 3 |
View Market Depth
| Last trade - 12.50pm 28/08/2024 (20 minute delay) ? |
| BIS (ASX) Chart |