ASN 1.49% 6.8¢ anson resources limited

There’s several options;1) Some silly day trader really thinks...

  1. mbc
    1,350 Posts.
    lightbulb Created with Sketch. 438
    There’s several options;

    1) Some silly day trader really thinks it’ll convince other retail traders to buy
    2) Some silly trader things it’ll convince algos to buy (it won’t, 3 levels is standard depth for book pressure models)
    3) Some misbehaving bot keeps adding in pre-open at the wrong price, or possibly even wrong stock (or worse wrong market e.g intended for the test market where you verify your systems)

    It’s probably reason 1, and they’ll surely get pinged for it soon enough because you must have intent to trade and it’s clearly beyond the joke now. Crazy to do it given the number of cases taken to court this year for spoofing.

    Outside chance it’s number 3, wouldn’t be the first time.

 
watchlist Created with Sketch. Add ASN (ASX) to my watchlist
(20min delay)
Last
6.8¢
Change
0.001(1.49%)
Mkt cap ! $93.46M
Open High Low Value Volume
6.8¢ 6.9¢ 6.6¢ $206.7K 3.058M

Buyers (Bids)

No. Vol. Price($)
1 5 6.8¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 107185 2
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
ASN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.