ZIP 3.10% $1.83 zip co limited..

I think shorters are trading with less than 40-50 units at a...

  1. 594 Posts.
    lightbulb Created with Sketch. 110
    I think shorters are trading with less than 40-50 units at a 0.01cent lower price. You can see them in the 'Course of Sales'.

    Looks like shorters took control from 10:15am to 11am, driving the price from early morning highs of 6.31 down to 6.23. Shorter's then seemed as though they left for about half an hour to let the natural buyers and sellers remove the natural sell wall at 6.40-6.43.

    Now it seems shorters are back trying to drive the price from mid-morning highs of 6.43 down to 6.36-6.37. However it seems there are pumpers doing the exact opposite with small parcels of 30-40 driving the price up by 0.01cent.

    Don't know if i'm paranoid of market manipulation or if this natural trading.

    So weird.
    Last edited by freshtesh: 18/08/20
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$1.83
Change
0.055(3.10%)
Mkt cap ! $2.373B
Open High Low Value Volume
$1.81 $1.91 $1.80 $37.79M 20.19M

Buyers (Bids)

No. Vol. Price($)
25 89138 $1.83
 

Sellers (Offers)

Price($) Vol. No.
$1.84 26748 35
View Market Depth
Last trade - 15.23pm 29/07/2024 (20 minute delay) ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.