And of course, the only people who benefit financially from a pump and dump are those running it: bidding the price up, spoofing the buy side and then selling above. Seems like a fool's game to forcibly move the price up given the likelihood for prosecution. Pretty sure most brokers and maybe even ASIC are keeping an eye on order completion ratios to spot spoofers too.
In the end the pumpers move on with their profits and leave even more bag holders in their wake as the stock returns to the lows which is never good for a company, never mind one that has a track record the likes of RNX's.
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 (20min delay)
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Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $5.153M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $2.075K | 521.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 10508112 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 8785158 | 8 |
View Market Depth
| Last trade - 15.59pm 20/06/2025 (20 minute delay) ? |
| RNX (ASX) Chart |