I watched it to the very end today and even though we finished at 28, someone wanted 28.5. So maybe the thing doing this manipulation is not that smart.
I am not so convinced that this is a suppression as much as someone trying to slowly and methodically accumulate at the best price they can. Else why the half cent push all the time. If someone truly wanted to crash the price enough, they could simply push this down a lot easier I think. Also, i am a little confused about the very small sells.
It almost seems like the computer is baiting people into selling that extra half cent lower so it can just sweep up the gullible sellers shares.
Am I reading this wrong?
STX share price blues, page-177
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $487.1M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.3¢ | 16.5¢ | $1.077M | 6.373M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 2326025 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 436569 | 5 |
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| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| STX (ASX) Chart |