The SP stretched it's legs just before midday today and ran to $14.99 fairly quickly - with fast consecutive line wipes happening on a fairly thin sell side. Then, out of the blue, sell lines (still fairly thin) all of a sudden appeared down to $14.70 to stop the ride and pull the SP back down. Just now, we've seen a few more sell lines (once again, only thin) placed down to $14.59.
I don't know what this is if not blatant manipulation/capping of the SP under $15.00 to seemingly allow someone to accumulate. It's as plain as day when you watch it closely as I did for that 30mins or so. Obviously not Retail but an Institution that doesn't have to pay brokerage by the trade!
I'd love to see this run unhindered. Judging by what I saw earlier, it would be a lot of fun to watch.
VUL megathread, page-2851
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Last
$4.55 |
Change
0.230(5.32%) |
Mkt cap ! $856.2M | |||
| Open | High | Low | Value | Volume |
| $4.45 | $4.61 | $4.35 | $3.402M | 758.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1400 | $4.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.55 | 29809 | 5 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| VUL (ASX) Chart |