MAY 4.00% 2.6¢ melbana energy limited

Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-834

  1. 6,486 Posts.
    lightbulb Created with Sketch. 2453
    And to be clear, no, I did not make any low volume bot trades since I last changed my sentiment on ASX:MAY.

    What I think is going on is "up-ticking", which is illegal. "Up-ticking" is essentially share price manipulation. I believe the bots are constantly "up-ticking" the share price, to make people think there is "an entity" who actually wants to "buy", but in reality 'they' are just waiting for the fear of missing out where someone will buy or stack the bid, then they will then sell in my opinion (which is literally what has been happening if you watch closely enough).

    I believe there has been lawsuits in Australia about "down-ticking".
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.6¢
Change
0.001(4.00%)
Mkt cap ! $87.62M
Open High Low Value Volume
2.6¢ 2.8¢ 2.6¢ $208.3K 7.823M

Buyers (Bids)

No. Vol. Price($)
3 645011 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 1907832 5
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.