I wonder whether or not there could be some shorting just directed to this easy price manipulation - when it reaches around 38c sell short for a few days, buy back lower (eg,30c to 33c) and then let the natural price rise again. It is a common shorting process since ASIC decided to allow price manipulation by the big boys without penalty.
I know shorting has bee reducing on PLS but this practice only needs a few days and not a huge lot of selling, just enough to trigger a market already suspicious of the raised price.
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Last
$3.15 |
Change
0.040(1.29%) |
Mkt cap ! $9.480B |
Open | High | Low | Value | Volume |
$3.16 | $3.18 | $3.12 | $71.90M | 22.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 112482 | $3.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.16 | 320783 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 112482 | 3.150 |
15 | 795252 | 3.140 |
22 | 650733 | 3.130 |
16 | 399061 | 3.120 |
19 | 228658 | 3.110 |
Price($) | Vol. | No. |
---|---|---|
3.160 | 52088 | 4 |
3.170 | 389922 | 23 |
3.180 | 278041 | 19 |
3.190 | 280016 | 15 |
3.200 | 233011 | 29 |
Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
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PLS (ASX) Chart |