Yes that’s a trading technique to trick sellers into lowering their price.
trade up, remove the depth behind it, let it sell into and then gobble it up when you get the amount of shares on the buy side you want.
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- Ann: Iron Peak Mineral Resource Significantly Improved
MGT
magnetite mines limited.
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8.60%
!
8.5¢

Ann: Iron Peak Mineral Resource Significantly Improved, page-81
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Last
8.5¢ |
Change
-0.008(8.60%) |
Mkt cap ! $10.28M |
Open | High | Low | Value | Volume |
9.2¢ | 9.2¢ | 7.1¢ | $70.24K | 813.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7488 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 23582 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7488 | 0.085 |
1 | 45658 | 0.081 |
1 | 12000 | 0.079 |
1 | 39473 | 0.076 |
1 | 133333 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 23582 | 2 |
0.093 | 97502 | 1 |
0.095 | 251200 | 4 |
0.100 | 226031 | 2 |
0.105 | 4173 | 1 |
Last trade - 15.47pm 24/06/2025 (20 minute delay) ? |
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MGT (ASX) Chart |