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I'd hope the nasdaq has better methods of identifying and...

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Prestonian

3,657 Posts.

533

23/08/23

12:49

Post #: 69500773
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Originally posted by Transcender: ↑

Have you considered that perhaps by manipulating up the Nasdaq price on tiny volume, somebody has enabled themselves to sell a couple of million dollars worth on the ASX and at a price that was 20% higher than before hand.
Could all be an investment bank game. Who is Citi noms doing stuff for. Bet they can shunt shares from one exchange to another in a day.
Bit like the bid for 10,000 shares at $18.90
S/P gets anywhere near it, gone.
Caution still required IMO. Too many games being played and the ASX is full of stocks where games are played, and invariably the retail holder comes off second.

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I'd hope the nasdaq has better methods of identifying and preventing that sort of stuff, than the asx.

it's a shame some of the lower bids on the depth did not get hit because they would've helped volume.

Last edited by Prestonian: 23/08/23

SZL Price at posting: $20.07 Sentiment: Buy Disclosure: Held
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