Similar observations here. This Bell Potter seller keeps reloading at 2 cents. If you want to sell you can put orders at 2.1 or 2.2 and sell with a higher price but no, this seller keeps selling at 2 cents to hold the price in the range.
I won't be surprised that the same entity behind the scenes buying via IBA.
The only one who can benefit from this is Patras Capital. Looks like market manipulation.
Ann: Notice of Annual General Meeting/Proxy Form, page-3
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.422M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.649K | 450K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 65381850 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 53426086 | 26 |
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| AAU (ASX) Chart |