I reckon the Instos would have been selling heaps at around $7.60'ish because they could pick up replacements at 7.30. Then, as the sell-off down continued they lent out as many as the could to shorters who have now driven the price below 7.00. Insto's will not only get that stock back when the shorts are covered but they can also buy heaps of sub $7 stock on market ! Win Win for them at the expense of panicking retail. And so the manipulation cycle goes on !
I reckon the Instos would have been selling heaps at around...
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Last
$1.42 |
Change
0.045(3.27%) |
Mkt cap ! $552.3M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.47 | $1.38 | $3.755M | 2.633M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 92785 | 9 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CHN (ASX) Chart |