I woud suggest that there is a fair bit of market manipulation going on with the FNT SP, as is often the case on the ASX. Such is life.
Market manipulation is designed to deceive investors by intentional interference with the free forces of supply and demand in order to drive the SP up or down (in this case mostly down).
It is harmful because it affects the integrity of the ASX, who objective is supposed to be to allow the SP of each and every listed company to be set by the unimpeded and collective judgment of buyers and sellers.
If market manipulation is allowed to go unimpeded, investors may avoid a company if they feel that its SP is subject to manipulation. This I believe is currently the case with FNT.
In a nutshell, market manipulation undermines a fair, honest and orderly market. Investors should therefore bear this in mind, and also be aware that this forum could be used for these ill gotten gains.
- Forums
- ASX - By Stock
- LNR
- Ann: Gascoyne REE Project Discovers Further Outcropping Ironstone
Ann: Gascoyne REE Project Discovers Further Outcropping Ironstone, page-13
-
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LNR (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.330M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $9.778K | 3.259M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
44 | 41662685 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 3439755 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
44 | 41662685 | 0.002 |
17 | 66024077 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 3439755 | 5 |
0.004 | 23472859 | 30 |
0.005 | 14806578 | 15 |
0.006 | 12567081 | 15 |
0.007 | 4785802 | 11 |
Last trade - 11.30am 23/08/2024 (20 minute delay) ? |
Featured News
LNR (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online