Looking forward to your post.
BTW regarding shorters, i put it to ASIC a couple of years back that the solution to aggressive shorting of outside top 200 ASX companies was to:
provide for closed auctions that follow on from each other through the day at the option of the listed company in (eg10 min, 1 hour or two for the day).
They accepted (in a voice communication) that it could work but did not apparently follow through.
It obviously is not something ASX or shorters would favour because each group is making money, ASX through volume fees, and shorters from spoofing and profitable trading at lower prices.
If readers are unfamiliar with the auction process, offers and bids sit opposite each other with possibly overlapping prices for a time, then a sound process is followed to match the clearing price. The ASX model is similar (derived from(?)) NASDAQ. It isn't effective for small offers to influence the market. direction during the auction period.
If readers see the point i am making, please write to your favourite MP and/or Senator (eg Bragg), and to ASIC. The question to ask is why are ASIC favouring shorters over the interests of retail investors? google "mp.gov.au" with your electorate name.
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Last
25.0¢ |
Change
0.005(2.04%) |
Mkt cap ! $89.19M |
Open | High | Low | Value | Volume |
26.0¢ | 26.0¢ | 24.5¢ | $33.22K | 128.6K |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 38038 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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25.5¢ | 45818 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 38038 | 0.250 |
8 | 59558 | 0.245 |
7 | 63931 | 0.240 |
7 | 142568 | 0.235 |
7 | 122189 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 42929 | 5 |
0.260 | 12591 | 4 |
0.270 | 25550 | 3 |
0.275 | 52444 | 2 |
0.280 | 101831 | 2 |
Last trade - 11.56am 06/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 12.11pm 06/05/2024 ? |
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