I have noticed a recent media release by ASIC (24-093MR dated May 2024) which describes a successful action against JP Morgan for actions which include the following characteristics, 'share trading showing suspicious characteristics' including;Does any of this ring a bell?
- - Trading very close to end of trading period
- - Large proportion of small volume orders
- - Lots of orders LESS THAN 5 shares
- - A number of the sell orders resulted in a decrease of the share price
- - The orders were unusual when considering the history of that share
Hopefully, this expands to all areas of the market. Do not hold your breath!
J P Morgan were fined $775,000. The whole Media Release is an interesting read
Good luck to all holders and don't be 'spooked' into selling.
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I have noticed a recent media release by ASIC (24-093MR dated...
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$1.55 |
Change
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Mkt cap ! $399.5M | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.58 | $1.53 | $965.6K | 623.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2267 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 15633 | 1 |
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