UCM 7.69% 1.2¢ uscom limited

ASX Business Rule 2.2.4 Prevention of manipulative trading - a solution, page-30

  1. 267 Posts.
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    Builder2 and BillGates This will interest you - There is TODAY, a current DOWN-VALUE trading run on UCM stock (fairly usual at the end of the week).
    It started at close of trade, yesterday - Thursday with trading aimed at pushing prices down half a cent (likely Algo Trades) Note particularly, the timing and the Trade Highlight Stats.
    On the second chart - A snapshot taken at 11:12 pm - the trades have been adjusted.
    Then look at todays trades and follow the pattern!
    My comment is: If you follow the market down and buy at a good price - Good Luck!
    BUT - if you sell into the market on this engineered price drop -THEN YOU HAVE BEEN DUDDED.

    https://hotcopper.com.au/data/attachments/2360/2360966-fb4fcbb63fe5ca5b3e30e3746058fd75.jpg

    https://hotcopper.com.au/data/attachments/2360/2360971-88f761ce237d94b0eab21d9b48ac1231.jpg
 
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(20min delay)
Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $2.992M
Open High Low Value Volume
1.2¢ 1.2¢ 1.2¢ $11.48K 956.6K

Buyers (Bids)

No. Vol. Price($)
2 121658 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 34967 2
View Market Depth
Last trade - 16.10pm 20/08/2024 (20 minute delay) ?
UCM (ASX) Chart
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