What a garbage start to week. More theft occurring via layering instothieves. No base behind it.
There is the layer walls. Moving consistently. Both on buy and sell sides. The sell pressure capping the gain to where want, the buy sucking it down. The majority of trades are bot trades with a couple of big dumps to get the price going. ASIC looking other way again as usual the corrupt stains.
No organic justification for such a large drop given good results. The instos would jump on the forward part but that wont really be a factor and would have to be stupid to think would be. Thats what they do though play that and suckers buy it and panic.
Should have been heading above 8 by now. As another said possibly in it for the divvie which is tomorrow, stealing as much as can for it. Hopefully this is a wakeup call to more people that blatant theft goes on. Then again lots of retail with head in sand and are happy with their money being stolen such a shame.
Hold out. Dont sell to the thieves. They will laugh as take your money and then gain when this flys again.
IAG Price at posting:
$7.55 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)