AGY 8.14% 9.3¢ argosy minerals limited

2024 Charts, page-786

  1. 13,697 Posts.
    lightbulb Created with Sketch. 8306
    Yes and this isn’t BHP or similar where the big dogs are all over it, with it being difficult for say a single entity to “overcome” the trading actions of many other parties.
    Afaict it is absolutely plausible that an entity could drive our price to “create the chart”, as you put it iirc, for example to drop the price through a support level to trigger retail/other TA traders to sell. And yes, even if that means allowing a retest and confirmation, or whatever other trigger the masses are looking for.
    That sort of move would certainly be in the interests of someone with say 10 million shorts.
    Our volume/value on the daily is often relatively low, and it therefore wouldn’t take much money to actually do this.
    In both direction, btw.
    Just imo.
 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
9.3¢
Change
0.007(8.14%)
Mkt cap ! $135.4M
Open High Low Value Volume
8.9¢ 9.4¢ 8.7¢ $168.6K 1.860M

Buyers (Bids)

No. Vol. Price($)
1 100000 9.0¢
 

Sellers (Offers)

Price($) Vol. No.
9.3¢ 299999 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.