I beleive placing large buy orders from one account and then sell orders from another account you also own is considered market manipulation. This artificially inflates trading volume and opens up the price to manipulation.
I wouldn't be able to quote any laws but I don't beleive it is legal.
EFE 2021 General Discussion, page-1448
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.209M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 8212715 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3727203 | 5 |
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| Last trade - 16.12pm 11/07/2024 (20 minute delay) ? |
| EFE (ASX) Chart |
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