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.
I agree to an extent - the weekly price can't really be...
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Last
$22.41 |
Change
-0.210(0.93%) |
Mkt cap ! $68.99B | |||
| Open | High | Low | Value | Volume |
| $22.36 | $22.61 | $22.30 | $82.59M | 3.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $22.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.42 | 11435 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |