Hello,
I am relatively new to the shares game and I was hoping that someone could provide some insight as to what’s going on at the moment.
On almost a daily basis now I’m seeing the share price being capped at the end of the day. At closing, someone is wanting to buy up at the next 0.001c and within a minute or so I see a sell of just a couple more shares capping the share price at the lower.
With my limited knowledge, I can’t really explain why someone would want the share price to remain low. Isn’t it in everyone’s best interests for the share price to increase? I can only think of the following reasons:
Lowering historical average for upcoming CR?
Keeping price low to provide time for ‘mates’ to invest?
Something to do with the charts?
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- lesson in share trading please
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