EDE

0.00%

0.2¢ eden innovations ltd

Good points there,Tantoola. And a situation where a market...

First 96 Last

Share
Profile

Follow
donnybrook

2,942 Posts.

932

18/09/23

11:19

Post #: 69898060
Share

Originally posted by Tantanoola: ↑

I have tried to explain and very easy to tell in this case where there is not a lot of trading other than the bot.

when a trade effects the buy or sell depth it is on market and if it does not it is off market, it does not mean it is not part of the market or overall trade vol for the day.

I gave you a clear example of the seller in another stock being taken out off market with intervention by the ASX, in that case the trade for many millions of shares were part of the trade volume for the day but the general public was not part of that trade and could not participate.
A trade that can only be done by a broker at a price not able to be placed on market depth has to be an off market
there is no bells or whistles when an off market trade occurs and it is just a term that it is used.
it is normal and can happen on any stock.

And 400 trades at a quarter of a cent will not have a significant effect on trading volume but can have an psychological effect on the minute by minute price of a stock.
The 4 shares traded at 0.002 or less than 1 cent in total at 4.10 pm did have an effect on the closing price which to me makes a mockery of the ASX and although within the rules to me it could be deemed an attempt to be manipulative.
Again within the ASX rules but should it be??
for an example, governments around the world counterfeit money, they can do it but if you and I do it we go to jail.
It devalues currency and can increase inflation and governments love this no matter what you hear from them or see on TV, do you know why??
I can explain all this but hard to do it here, talking would be easy to do but how to do this?

Why do you think someone would do a trade at a fraction of 1 cent, why would a bot be set up to do 200 trades for a total of a cent??

This started with a poster ridiculing other posters including me saying they have no idea how the market works and shouldn't post and I am just trying to give my view that that poster was wrong in his claim the bot was matching single share trades between the buy and sell side when clearly the buy and sell depth was not changing.

Again I could be totally wrong in my understanding am happy to be corrected.

Expand

Good points there,Tantoola. And a situation where a market closes to the general investor public but remains open to a select few for 10 mins who then set the price for the general market the next time it opens, is a complete travesty and has to stop.

db

EDE Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

Reply

Top Stories

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

RCE

Recce's R327 found effective against E.coli during clinical trial

Microcap Wrap: 5 explorers with news out today

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

There are more pages in this discussion • 8 more messages in this thread...

First 96 Last

Add EDE (ASX) to my watchlist

(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $5.517M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.2¢	$690	460.0K

Buyers (Bids)

No.	Vol.	Price($)
53	174741833	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	7726712	8

View Market Depth

No.	Vol.	Price($)
53	174741833	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	7717712	7
0.003	41489318	20
0.004	8849367	7
0.005	360000	1
0.006	2831956	1

Last trade - 14.27pm 28/06/2024 (20 minute delay)

EDE (ASX) Chart

Good points there,Tantoola. And a situation where a market...

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Recce's R327 found effective against E.coli during clinical trial

Microcap Wrap: 5 explorers with news out today

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Ava Risk Group expands US presence with A$0.7M Substation Deal

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Good points there,Tantoola. And a situation where a market...

Top Stories

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Recce's R327 found effective against E.coli during clinical trial

Microcap Wrap: 5 explorers with news out today

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Ava Risk Group expands US presence with A$0.7M Substation Deal

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News