Well worth looking at the trades Merrill Lynch & Co. do on a daily basis. It's basically wash trading. They'll buy ~$35m worth of Z1P, and sell it on the same day (usually 1 or 2c lower). Pumping up the volumes.
My lesson from this is - when a company has significant ownership from parasitic sorts like BOA and ML, it's a good idea to run the hell away. They own 23% of Z1P, so their fingers are always manipulating stock prices, doing dummy sales, wash trading, and setting sell & buy walls (I watched them try unload shares a few months back, purposely buying their own shares back at a higher price in the same 10 minutes to try rally up the SP). I guess it's all so they can get their moneys worth from this ASX enabled ponzi scheme.
Scam'tacular. Yet, that's legal - but when folk join together and squeeze out shorters (GME anyone?), somehow this needs to be outlawed? lol
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Last
$2.85 |
Change
-0.020(0.70%) |
Mkt cap ! $3.720B |
Open | High | Low | Value | Volume |
$2.83 | $2.99 | $2.83 | $32.53M | 11.16M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 283125 | $2.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.86 | 200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 224104 | 2.850 |
10 | 44872 | 2.840 |
17 | 70326 | 2.830 |
28 | 136042 | 2.820 |
11 | 60885 | 2.810 |
Price($) | Vol. | No. |
---|---|---|
2.860 | 200 | 1 |
2.870 | 15065 | 2 |
2.880 | 60947 | 8 |
2.890 | 12623 | 2 |
2.900 | 19563 | 3 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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ZIP (ASX) Chart |