imho
Yes - it could be that my response is a reflection of how I like to interpret a message.
Yes - you may add that it is JUST my opinion. I think that was pretty clear in my post anyway.
Your comments about broker's reactions and "brokers vs. broke" don't seem to make any point.
I'm not strongly defending brokers. I simply asked you why you think they are manipulating the price(I'm not asking why you think it's brokers - I'm asking why you think it's manipulation and for what benefit to the brokers), and why no-one is stepping in to buy if the prices are artificially low. You haven't answered either of these questions.
imho and LTL
I understand that the small trades are probably brokers and not Con the Fruiterer because the trade cost would be excessive for a regular retail client on such a small parcel. That doesn't mean that a broker is manipulating the price - there's no reason why a broker who can trade for free shouldn't make small trades, or set up an algorithm to do it for them. If I could trade for free, I'd be doing a lot of small trades too.
Ann: Quarterly Cashflow Report , page-12
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $159.5M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 3.0¢ | 2.7¢ | $162.4K | 5.746M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 3214413 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 1228784 | 3 |
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| NTU (ASX) Chart |