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.
Ann: Iron Peak Mineral Resource Significantly Improved, page-81
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Last
13.5¢ |
Change
-0.015(10.0%) |
Mkt cap ! $17.30M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 13.5¢ | $30.07K | 204.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39484 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 6000 | 1 |
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| Last trade - 11.17am 05/11/2024 (20 minute delay) ? |
| MGT (ASX) Chart |