AUZ 9.09% 1.0¢ australian mines limited

AUZ Chart, page-1639

  1. 1,606 Posts.
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    We have no way of knowing if those orders are fake or real, but just remember this is exactly what instos do to manipulate retail idiots.

    They don't have the liquidity to fill their massive orders, so they create artificial panic on the market in order to drop below a support and then go stoploss hunting for retail investors who predictably are risk averse and have placed their orders 5/10% below.

    Institutions can outlast 99% of retail holders who are fearful of losing their money and will cave to the illusion they are being presented with. They will then use your stoploss orders as the liquidity they need to fulfill their massive orders.

    There's no other way to get billion dollar orders in without the price rising as a result, so instos do this all the time with many stocks.

    If you fall for this, you only have yourself to blame.
 
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(20min delay)
Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $13.98M
Open High Low Value Volume
1.1¢ 1.2¢ 1.0¢ $50.69K 4.606M

Buyers (Bids)

No. Vol. Price($)
11 44894510 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 249195 3
View Market Depth
Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
AUZ (ASX) Chart
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