One of your previous posts suggested the price movement was a blatant dump and pump.
What I suggested was that the is orchestrated trading on the ASX whereby stocks will suddenly start rocketing up, sucking in retail buyers, who are then dumped on. I was commenting on what I had witnessed in the course of one specific day of trading.
What orchestrated groups may or may not do is different to a company being a 'pump and dump'. The classic definition of a 'pump and dump' involves the of inflating the price of an owned stock through false and misleading positive statements. I haven't seen anything of that sort.
The has been a sustained upward movement in the SP, which makes me think that there must be something of substance driving it all.
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.53M |
Open | High | Low | Value | Volume |
4.4¢ | 4.4¢ | 4.0¢ | $2.464K | 60.08K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 76538 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 48780 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 76538 | 0.040 |
1 | 70000 | 0.039 |
1 | 30000 | 0.033 |
2 | 61250 | 0.032 |
1 | 16000 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 449938 | 2 |
0.048 | 17789 | 1 |
0.050 | 60501 | 2 |
0.051 | 300000 | 1 |
0.057 | 200000 | 1 |
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