Ann: Drilling commences at Cangallo, page-41

  1. 28,525 Posts.
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    For the astute followers of how the market works, you may have noticed that the sell orders under 6 (the larger ones) did not actually excecute ..
    So how can that happen... well its the same entity / entities on Both sides with MULTIPLE buy Sell etc (Comsec limits to only 4 orders in a stock, so retail are disadvantaged)
    As ASX rules state you can sell to yourself, the algo bots use the big proper sell orders / or buy orders to seek genuine buyers or sellers to put stock to buy or sell on the market. It paints in reality fake depths.
    But when they are accumulating its a ploy they use

    Then they line wipe all "others peoples shares" whilst removing their Fake orders at the same time. So what happens is price buy sell changes and in this case moves higher without the actual corresponding amount of shares that were visible changeing hands..

    They can also remove their bids by using frontrunning protocols to avoid them losing shares they had on bid, or avoid buying shares they had no intention to buy if a genuine seller sells.

    Classic accumulation is happening at the moment, and why not AQD ls well worth investing in IMO

    See if the 6.1 sell orders are actually sold .... and not merely taken off and the price moves higher
 
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(20min delay)
Last
5.4¢
Change
-0.001(1.82%)
Mkt cap ! $75.13M
Open High Low Value Volume
5.5¢ 5.5¢ 5.3¢ $48.01K 897.3K

Buyers (Bids)

No. Vol. Price($)
6 893395 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 190909 1
View Market Depth
Last trade - 14.24pm 17/06/2025 (20 minute delay) ?
AQD (ASX) Chart
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