I presume you refer to the "bogus" SELL Depth?
Why would it (45c) be a misleading order? It's the next chart Support (Brexit day - 44.5c).
56c is a critical support level...we have to see if it holds. This is critical.
Those 296,000 shares being bid at 45c are there for a good reason, a tick above that low. I've already got my order in there. Have you? Has anyone?
Will it be hit? We just have to see....so far, it's holding @57c
I can't speak as to those on the SELL side, as to their validity, or otherwise. Manipulation in markets is as old as Methuselah. I see it all the time in currencies and commodities (like gold, especially, the LON and primarily, NY trading sessions).
PLS - DAILY - usual ASX delay, but better charting than IRESS.
PLS Price at posting:
57.0¢ Sentiment: Hold Disclosure: Held
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