ok this has happened twice now it ran to 2.61 then plummeted and this time ran to 2.15 or so and then has plummeted the same way
this suggests to me an entitiy or entities are effectively manipulating the share price up and down. Doesnt give me a lot of confidence as a retail investor that i am just along for the ride to price manipulation. It shooting up and down like this is destroying retail confidence and aomething Asic should be looking to as the integrity of the mkt and trading ASM is in question
there has been no news and we are now back to 1.54 and falling. So it feels like its a tree shake after tree shake. Buy some shares in volume; cause price to rise then sell those shares in a manipulative fashion to cause it to then plummet.
its scary to think that potentially every single share on the asx is at risk of the same behaviours. Asic need to grow some teeth.
ASM Price at posting:
$1.55 Sentiment: Hold Disclosure: Held
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