Ann: Trading Halt, page-45

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Tinwins

17,861 Posts.

674

07/12/20

17:20

Post #: 49399832

maybe

Originally posted by Hiddenvalue ↑

Well it appears as though the depth of instos we have on our register can't prevent a trade for $20.00 to push the stock price down on closing auction over 1% on a Micky mouse sized trade. Brokerage costs more than this punter on the register.

What a joke!!! Now who paid the $10 minimum average brokerage to get a trade for $20 worth of shares?? The shares have cost this loser 100% more at a unit price level if you include brokerage. Do we really have someone this stupid joining the register???

Alternatively someone is looking to accumulate and wanting to push price as low as possible to build a position is more likely the reason. Look at below, this sort of abuse to a sock price should be deemed illegal or just get rid of closing and opening auctions for stocks that have little volume traded.

TME PR $ VOL VAL $ MKT

1 4:10:51 PM 1.430 14 20.020 ASX

2 3:53:47 PM 1.445 386 557.770 ASX

3 3:40:34 PM 1.445 386 557.770 ASX

Expand

maybe no one did, it could be part of an end fill or an arrangement where by they get a fixed rate brokerage fee for unlimited trades?
Frustrating either way.

WMX Price at posting: $1.43 Sentiment: Hold Disclosure: Held

1 Upvote

0 Great analysis

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	TME	PR $	VOL	VAL $	MKT
1	4:10:51 PM	1.430	14	20.020	ASX
2	3:53:47 PM	1.445	386	557.770	ASX
3	3:40:34 PM	1.445	386	557.770	ASX

Ann: Trading Halt, page-45

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