I would say some price manipulation at play today. Yesterday saw a 200k sell order filled which helped bring the price down due to the illiquid nature of the stock. Today a new 200k buy order, knowing that there is not enough on the total sell side to fill it, so buyers below this order will have no choice but to raise the prices in order to buy today, assuming this buyer still has a fair amount of shares already.
Not a bad tactic if you have a lot of money to throw about!
- Forums
- ASX - By Stock
- Ann: Broker Business Overview
I would say some price manipulation at play today. Yesterday saw...
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LBL (ASX) to my watchlist
|
|||||
Last
69.5¢ |
Change
-0.005(0.71%) |
Mkt cap ! $81.14M |
Open | High | Low | Value | Volume |
70.0¢ | 70.0¢ | 69.5¢ | $36.54K | 52.20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 22192 | 69.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
70.0¢ | 373 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 22192 | 0.695 |
2 | 6776 | 0.690 |
1 | 1000 | 0.685 |
1 | 15257 | 0.680 |
3 | 9050 | 0.675 |
Price($) | Vol. | No. |
---|---|---|
0.700 | 369 | 1 |
0.715 | 11201 | 1 |
0.720 | 52852 | 2 |
0.730 | 9678 | 1 |
0.745 | 1102 | 1 |
Last trade - 10.09am 29/07/2024 (20 minute delay) ? |
Featured News
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
MND
Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?
LBL (ASX) Chart |