WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: Ceasing to be a substantial holder, page-7

  1. 2,859 Posts.
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    Because they are trading the stock in order to pay overheads and wages. Interesting to see they are one of the mob placing small Micky Mouse trades of one to a couple units at times. These trades are just an attempt to induce a desired trade outcome by bringing in unsuspecting retail.

    Remember the markets are a level playing field. If only we could place a trade for $1 and not have to pay a brokerage for that. (Simply the ASX should ban this price discovery action as it is not a genuine buy or sell).

    Unfortunately this is the cost of doing business, without instos able to influence the market and make easy money markets would not exist.
 
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Currently unlisted public company.

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