11th February is the day when it was announced TAFTA settlement was postponed until the end of 2022, the price would have gone down even absent those sales from BAML.
It SEEMS to me that they are just reacting to the news and being price-taker post-news (as opposed of being price-maker) but we would need to look at the tick data by underlying clients of Bank of America to confirm/infirm that.
We know that they still had a large overall position on that date so I'm unclear as to why they would choose to knowingly depress the price. Except if they were short via another prime broker at the same time?
ASX is on notice about manipulation of Kingsgate share price, page-526
-
- There are more pages in this discussion • 142 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.67 |
Change
0.005(0.30%) |
Mkt cap ! $430.4M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.70 | $1.64 | $2.471M | 1.483M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3285 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 53099 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |