RCE recce pharmaceuticals ltd

Price suppression showing its face again today.Take a look at...

  1. 401 Posts.
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    Price suppression showing its face again today.Take a look at the micro-lot trades executed throughout the session — all 6-share sells hitting at key moments when the price looked ready to build momentum:

    Examples:
    11:24:48 AM – 6 shares @ $0.285
    11:51:05 AM – 6 shares @ $0.285
    12:18:54 PM – 6 shares @ $0.285 (price drop)
    12:48:25 PM – 6 shares @ $0.280
    1:19:20 PM – 6 shares @ $0.280 (price drop)
    1:51:03 PM – 6 shares @ $0.280 (price drop)
    2:52:46 PM – 6 shares @ $0.280

    Each time RCE showed signs of building upward momentum, a 6-share sell hit the bid and dragged the price down — often interrupting larger volume moves that might’ve supported a breakout.

    This is textbook price suppression using algo-controlled micro-lots.What makes it more suspect is the repetition of the same volume (6 shares), used across the day like a scalpel — just enough to move the price or halt momentum without drawing much attention from casual traders.

    https://hotcopper.com.au/data/attachments/6990/6990494-0febe378c646fb6b1fede52945206ce8.jpg
 
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(20min delay)
Last
31.0¢
Change
-0.005(1.59%)
Mkt cap ! $89.39M
Open High Low Value Volume
31.0¢ 31.0¢ 31.0¢ $590 1.903K

Buyers (Bids)

No. Vol. Price($)
3 6972 31.0¢
 

Sellers (Offers)

Price($) Vol. No.
32.0¢ 10475 3
View Market Depth
Last trade - 10.46am 16/06/2025 (20 minute delay) ?
RCE (ASX) Chart
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