Not really.
They make money buy doing what any trader does - trading - except they try to sell high buy low.
Its not as simple as price goes down they are happy, price goes up they get burnt.
They manipulate the price to suit them on low volume days. Hence you see in the data they are buying AND selling every day.
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Last
9.0¢ |
Change
-0.001(1.10%) |
Mkt cap ! $70.01M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.1¢ | 9.0¢ | $71.79K | 796.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 142742 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.1¢ | 157168 | 5 |
View Market Depth
| Last trade - 14.29pm 07/11/2024 (20 minute delay) ? |
| NMT (ASX) Chart |