Evening Cgc516,
It is basically the big end of town playing mind games with smaller retail investors ,through the deployment of high frequency trading algorythams.
In doing so creating fear and a untrue perception of the underlying security , causing small punters to sell out of fear,
Whilst testing , triggering Stop loss trades which are hidden ( allegidly) until such time as triggerd.
or
According to the ASX thay are creating liquidity in the market for the benefit of all..
Esq.
Ann: Pause in Trading, page-364
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $313.9M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $408.8K | 2.574M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 220369 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 758961 | 19 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| BRN (ASX) Chart |