This has been pushed up artificially on so many occasions over the past year.
It's utterly ridiculous to assert otherwise. The same tactics are employed as for downward pushes.
On glaring example of an artificial rise was when someone front ran the entry to the asx300, buying up all the stock they could and then offloading to the index funds. Thats the only reason it went to $9.
Accept it or not; thats the reality.
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Last
$2.04 |
Change
-0.260(11.3%) |
Mkt cap ! $398.6M |
Open | High | Low | Value | Volume |
$2.30 | $2.30 | $2.04 | $2.127M | 1.003M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3770 | $2.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.08 | 19053 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3770 | 2.040 |
4 | 26322 | 2.030 |
7 | 27662 | 2.020 |
2 | 53422 | 2.010 |
18 | 55195 | 2.000 |
Price($) | Vol. | No. |
---|---|---|
2.080 | 19053 | 2 |
2.090 | 3422 | 1 |
2.100 | 14132 | 2 |
2.110 | 53422 | 2 |
2.120 | 5422 | 2 |
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