Speeding fine..
if they drive the price of company X down from $1 to $.90 per share using small trade manipulation amongst other tactics, buy 1M shares. Pump the price back to $1 - sell. $100k profit. Do this 8 times and they've paid the fine.
It takes money to make money but imagine this happening across just 100 ASX companies each week. Just a 10% move would yield $10m in revenue.
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Last
$1.55 |
Change
-0.025(1.59%) |
Mkt cap ! $399.5M |
Open | High | Low | Value | Volume |
$1.57 | $1.58 | $1.53 | $965.6K | 623.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2267 | $1.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.55 | 15633 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2267 | 1.545 |
1 | 5000 | 1.540 |
1 | 8061 | 1.535 |
4 | 19368 | 1.530 |
1 | 3394 | 1.525 |
Price($) | Vol. | No. |
---|---|---|
1.550 | 15633 | 1 |
1.555 | 3394 | 1 |
1.560 | 13394 | 2 |
1.590 | 2500 | 1 |
1.600 | 3325 | 2 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
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