AKP 0.00% $6.20 audio pixels holdings limited

Ann: Market Update - Progress Report, page-168

  1. 2,514 Posts.
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    The trading patterns over the past weeks look a lot like some players are "leading the trades" towards what they want to see happen. Who for instance puts up 1 share to be sold at such an attractive price? Only somebody who wants to make a show of how low the selling price at open is.

    https://hotcopper.com.au/data/attachments/4502/4502299-f05192a069dfb118108bc06d73c1d493.jpg


    https://hotcopper.com.au/data/attachments/4502/4502288-9f1120d79f1c650e2a43aedddc943f32.jpg

    This has happened several times before at similar junctures. It would be great to be able to see where the asks and bids actually come from. My suspicion is that at least some are a case of repetitive "selling to self or colleague" trades, designed to ease the SP down.

    It is gratifying that, as I pointed out previously, the vast majority of holders know that this is what we are seeing, and are not interested.

    But what do I know? DYOR and GLTAH!
    Last edited by BobF: 13/07/22
 
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