At 3:59:29 PM, a tiny trade of 4 shares at $0.285 was executed — possibly to set a slightly higher closing price (or create the illusion of support).
But shortly after-hours, a trade executed at $0.280, pulling the indicative/official price back down despite that last regular-hours tick up.This is a classic tape-painting tactic:In-market tiny prints (like the 4-share trade) nudge the closing price or manipulate chart appearance.Off-market or after-hours trades are used to pull the indicative price back down with minimal cost and without drawing regulatory scrutiny.Given that $0.280 was also the dominant buy-side bid, it seems a deliberate move to suppress the official closing impression rather than a genuine market transaction.
Kept the coming. I'm into this price manipulation
- Forums
- ASX - By Stock
- Algo Games on RCE – Classic Tape Painting?
RCE
recce pharmaceuticals ltd
Add to My Watchlist
4.76%
!
30.0¢

At 3:59:29 PM, a tiny trade of 4 shares at $0.285 was executed —...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
30.0¢ |
Change
-0.015(4.76%) |
Mkt cap ! $86.51M |
Open | High | Low | Value | Volume |
31.0¢ | 31.0¢ | 30.0¢ | $9.778K | 31.95K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 31717 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 17918 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 31717 | 0.300 |
2 | 100523 | 0.295 |
6 | 35183 | 0.290 |
1 | 35000 | 0.285 |
11 | 269420 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 17918 | 2 |
0.310 | 93415 | 3 |
0.315 | 7770 | 3 |
0.320 | 523 | 1 |
0.330 | 25000 | 1 |
Last trade - 14.35pm 16/06/2025 (20 minute delay) ? |
Featured News
RCE (ASX) Chart |