Yes many cross trades today.. this has been the pattern since the spike if you go back and look.
Two possibilities:-
1. Manipulation of price by bigger players buying and selling between two accounts on the same platform ...
Or
2. Many small investors from popular platforms such as comsec/etrade trading simultaneously.
My understanding of cross trades ...
X trades occur when a broker finds two trades on their own platform which may be matched (ie a buy and a sell) before sending off to the ASX to match..therefore they execute the trade and then inform the ASX of the result... Thats my understanding
So perhaps a bit of both the above...
Yes many cross trades today.. this has been the pattern since...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $165.3M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.0¢ | $280.5K | 1.605M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 133 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| NMR (ASX) Chart |