Brokers are the ASX's clients. i.e. their high frequency traders lease space inside the ASX server room. ASX is not directly related to retail so has no real active concern for them.
If you look at the history of reforms at the ASX they always agree with the broker's views and needs.
Argonaut aggressively dumping $1.5M worth is 'liquidity' and 'price discovery'.
WR1 General Discussion, page-30820
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Last
50.5¢ |
Change
-0.020(3.81%) |
Mkt cap ! $111.8M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 52.0¢ | 49.0¢ | $511.5K | 1.015M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15000 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 16174 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |