ROC 8.45% 7.7¢ rocketboots limited

jb were recommend buy at 27.8.09 -$1.07 target, page-4

  1. 3,728 Posts.
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    Thanks for the brokers report. However, I'm going to go off topic and discuss Roc's trading action for today. It was obviously selling off, lining up huge buy order's at a time only to have them disappear after a string of sells had occurred. But, more importantly, in the last hour of trading we had twin trades happening; sell/buy sell/buy. Eg, a sell of 6000 and buy of 3000 occurred at the same exact time every time, just at different price levels. Every time it happened the sell size was always twice the buy size. It was obviously their sneaky way of off loading shares without dropping the price.

    This is obviously the hi tech trading systems brokers are using to carry out multiple trades. Are they short selling or are they capping the price to make the company more attractive for a take over? In the last week we've seen a big pump to the 67 and 69's only to have the price pulled down to the current levels. All with no news to refer to!
 
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(20min delay)
Last
7.7¢
Change
0.006(8.45%)
Mkt cap ! $7.514M
Open High Low Value Volume
7.5¢ 7.7¢ 7.5¢ $6.738K 88.5K

Buyers (Bids)

No. Vol. Price($)
1 1687 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.9¢ 26538 1
View Market Depth
Last trade - 15.11pm 09/08/2024 (20 minute delay) ?
ROC (ASX) Chart
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