I agree to an extent - the weekly price can't really be manipulated.
Today's shorting attack to trigger stop-losses was manipulation, so there is always the opportunity (provided you play at the right level, and the ASX and ASIC allow you to do it) for intra-day manipulation.
I suppose it depends on the investment timeline - anyone looking for a day trade may scream about manipulation (but, lets be hones, that is what allows day traders to make profits if they are good at it) - anyone here for a bit longer isn't really affected by it except by a paper profit or loss during certain days' trading.
Ann: March 2021 Quarterly Production Report, page-20
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Last
$18.18 |
Change
-0.090(0.49%) |
Mkt cap ! $55.97B | |||
| Open | High | Low | Value | Volume |
| $18.26 | $18.41 | $18.18 | $200.9M | 11.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6678 | $18.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.19 | 70000 | 3 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |