LGI
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1.45% $2.71 lgi limited

I'd caution you to state the price is being manipulated, when...

  1. simplepunter
    483 Posts.
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    22/12/22
    13:22
    Post #: 65415489
    I'd caution you to state the price is being manipulated, when it's probably nothing more than % volume algorithms reacting (catching up) on a thinly traded stock where 6-8 tick spreads are not at all uncommon. The one lot trade is absolutely typically of an algorithm splitting child order, particularly poorly coded algorithms.

    It's not always nefarious behaviour behind what see happening in the screen.

    LGI Price at posting: $1.85 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
$2.71 		Change
-0.040(1.45%) 		Mkt cap ! $240.6M
Open High Low Value Volume
$2.77 $2.77 $2.71 $12.92K 4.71K

Buyers (Bids)

No. Vol. Price($)
1 6299 $2.71
 

Sellers (Offers)

Price($) Vol. No.
$2.75 4 1
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Last trade - 16.10pm 20/09/2024 (20 minute delay) ?
LGI (ASX) Chart
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