PLS 6.54% $2.86 pilbara minerals limited

Dial in details 25.1.19 Quarterly, page-90

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    A little info about shorters that may be of interest:

    Generally speaking, short sellers comprise a mix of sophisticated investors, day traders, hedge funds and even investment bank brokers trading for their own accounts. All ply their trade through the automated algorithmic trading programs run by the investment bank brokers. These programs automatically make decisions to buy and sell based on coded instructions. Such computer-generated trades are designed to achieve specific trading strategies.
    Unfortunately, extensive research data reveals that these programs are highly manipulative, as the trades they generate consistently show conflicts with the laws that govern trading. Moreover, adding to the problems for ordinary “mum and dad” investors is that the regulator has strenuously avoided addressing the conflicts raised by chronic trading irregularities. It should come as no surprise, as ASIC’s inability to regulate the financial markets has [COLOR=var(--info)]been a major outcome
    of the current Royal Commission.[/COLOR]
    In regard to PAN, SPO and MYR, trading in all of these companies has been inundated by trading irregularities. Importantly, these anomalies can only be satisfactorily explained in terms of share price manipulation. Research data confirms that bad news, or news that can be interpreted as being negative, becomes the catalyst for running aggressive, manipulatively tuned [COLOR=var(--info)]algorithmic trading programs. Such trading leads to under-valuations which, in turn, restricts companies from being able to address their operational problems. Essentially, a company’s need for capital is skillfully weaponised against them.[/COLOR]

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Last
$2.86
Change
-0.200(6.54%)
Mkt cap ! $8.608B
Open High Low Value Volume
$2.95 $2.96 $2.85 $61.44M 21.18M

Buyers (Bids)

No. Vol. Price($)
31 163532 $2.86
 

Sellers (Offers)

Price($) Vol. No.
$2.87 44591 3
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