I'll think you'll find that any trade has to occur at the official 4pm free market closing price.
No matter what the volume.
Any appearance of influence after 4pm is attributable to delays in your software or app reporting official 4pm closing price.
Asx trading rules freely available if you care to google them.
FMG Technical Analysis, page-3892
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 (20min delay)
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Last
$19.34 |
Change
0.170(0.89%) |
Mkt cap ! $59.34B | |||
| Open | High | Low | Value | Volume |
| $19.06 | $19.45 | $18.92 | $72.34M | 3.736M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1793 | $19.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.34 | 797 | 6 |
View Market Depth
| Last trade - 14.01pm 01/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |