MEO 0.00% 0.0¢ meo australia limited

Interesting to note, how someone stacks their sell order at 27.5...

  1. 1,132 Posts.
    Interesting to note, how someone stacks their sell order at 27.5 but quickly changes when buying happens at 27.5.
    Below is the market depth prior to buying.

    73820 27 27.5 173137
    30000 27 27.5 40000
    15000 27 27.5 25000
    20000 27 27.5 50000
    100000 27 27.5 10000
    40000 27 27.5 100000
    1000 27 27.5 1991
    1000 27 27.5 50000
    9116 27 27.5 126863
    100000 27 27.5 100000

    2 lots of 29,000 are then bought at 27.5 for at total of 58,000 shares

    27.5 29000 14:15.14
    27.5 29000 14:14.56

    Then what happens is that the above sell order for 126863 automatically gets transferred to the back of the line at 27.5 but now has an extra 58,000 shares added on to it to make it 184863.
    It seems they really dont want to sell but want to give the impression that there is a huge supply at 27.5

    73820 27 27.5 115137
    30000 27 27.5 40000
    15000 27 27.5 25000
    20000 27 27.5 50000
    100000 27 27.5 10000
    40000 27 27.5 100000
    1000 27 27.5 1991
    1000 27 27.5 50000
    9116 27 27.5 100000
    100000 27 27.5 184863

 
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