I'd say a combination end of f/y tax loss selling and window dressing for brokers via churning.
I'm not a fan of the manipulation theory but someone could be trying to get in at a lower base as the buy side has increased recently at lower bids.
bail out, page-4
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 (20min delay)
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Last
$3.06 |
Change
-0.080(2.55%) |
Mkt cap ! $146.1M | |||
| Open | High | Low | Value | Volume |
| $3.14 | $3.14 | $3.03 | $200.3K | 65.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 152 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 471 | 2 |
View Market Depth
| Last trade - 15.54pm 06/11/2024 (20 minute delay) ? |
| BIS (ASX) Chart |