A theory that I have.. what if the intention was to create a fake sell, so that some hopeful big buyers put their buy orders in and then that 2m shares seller pull out at last seconds? So their buy orders stay and get exercised at higher IAP...
We have seen a large fake buy order that gets pulled out out at the last seconds, like today a 500,000 or so buy order at 14c was pulled out before the close. So it is kind of the opposite of the above fake sell.
ASN General Discussion, page-274
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $174.2M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.0¢ | $435.3K | 3.199M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 414807 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 1473218 | 22 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
13.5¢ |
Change
0.005 ( 7.06 %) |
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| Open | High | Low | Volume | ||
| 14.0¢ | 14.0¢ | 13.0¢ | 1585581 | ||
| Last updated 15.58pm 08/05/2024 ? | |||||
| ASN (ASX) Chart |