AGS 0.00% 17.5¢ alliance resources limited

Ann: $71.3 million Offer from Quasar for ACE's Four Mile Interest, page-285

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  1. 1,871 Posts.
    if only NSW had a couple of props the size of what's in the AGS market depth, they'd run roughshod over those queenslanders in tomorrows state of origin decider. This same crap went on in Prima (PRR) and Lynas (LYC) for several months 3 years ago July 2012. Here's what i wrote to the ASX and ASIC back then, and have done so for at least the last 12 years.

    ATTENTION : ASX SURVEYLANCE AND ASIC COMPLAINTS

    URGENT

    I would like to know why there is an inconsistency with market orders purging after hours. I have complained for the past month about Prima Biomed (PRR) shares having sell orders every day for 64c 84c and $6.24 when the share price has been between 10.5 and 12 cents during that time, they are purged every night at 7pm and put back on the next morning to manipulate the market depth, giving the impression of more sellers than buyers (keeping in mind most investors only see the first few lines of buyers or sellers on their retail broker market depth displays) unless they have IRESS which shows all levels...which gets me to my complaint/question to you today...why is it that PRR out of market sell orders were all purged on Friday after 7pm, yet...the totally ludicrous 10 million share buyer at 0.001 of a cent still remains, now creating yet another illusion, still on display on Sunday going into the new trading day tomorrow.


    Column 1
    0 154 buyers for 20,096,895 units
    Column 1
    0
    Column 1
    0 170 sellers for 11,138,168 units
    And i have found another 5 companies with totally rediculous buy orders still on the screen today and not purged... ESI last sale 1.9 cents, 2 seperate buy orders for 1 million at 0.002 and 10 million at 0.001 of a cent, that's 11 million worth of buy orders of a total buy depth of 28 million, someone must be very desperate to sell ANP 10 million at 0.001 (last sale 2.3c) EGO has almost 50 million share worth of buyers at 0.004 down to 0.001 thats half of the 100 million total buyers (last sale is 1.5c)HAW last sale is 0.008, 62 million of buyers at 001 and 002 of a cent once again half the total buy depth and once again the depth is skewed heavily to buy side despite the shares being at almost a 12 month low
    Column 1
    0 86 buyers for 115,429,771 units
    71 sellers for 44,185,446 units

    and one more i found, Mantle Mining (MNM) last sale 13.5c double digits, yet there is still a buyer on screen 7,480,000 shares at 0.001 depth now shows as follows
    Column 1
    0 64 buyers for 13,369,184 units
    76 sellers for 4,043,864 units
    I am sure there are numerous others, please can you reply with an explanation as to why the bigger priced shares are not inflicted with the same distortions as above, only the shares under 20 cents seem to have this, and IN PARTICULAR shares priced under 5 cents. [/table][/table]
 
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