Definitely being held down, the shareholder with 35422 shares to sell puts them on the market after opening to create a wall but moves them up whenever buyers get close and brings them down as share price is pushed down therefore the intention is not to sell but market manipulation which should be illegal..
Have noticed anytime there is buyer volume it gets pushed down quickly regardless whether the asx is up & other similiar companies doing better on the day.
This shorting game is unethical as it is creating shareholder value losses whether the company performance justifies it or not just to get a shorting profit
ASM Chart Thread, page-7433
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 (20min delay)
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Last
55.0¢ |
Change
-0.025(4.35%) |
Mkt cap ! $99.72M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 57.5¢ | 54.5¢ | $265.7K | 478.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 37090 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| ASM (ASX) Chart |