Well sometimes it is to prop up a price, and sometimes to hold down a price.
In this case, when a .22 sale is made, the .215 buy line diminishes, so I think it may represent a buyer at .215 moving up to by the .22.
But this is really just speculation. The volume today has been quite good, almost 8 million, but I agree these small nibbles make the trading especially turgid!
on the move!, page-19
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Last
$1.72 |
Change
0.005(0.29%) |
Mkt cap ! $838.0M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.75 | $1.70 | $308.4K | 179.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 515 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 1650 | 1 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| NGI (ASX) Chart |