I can almost guarantee you will find that the party buying is dealing with the party selling.
In order to comply with trading rules - they first offer the shares at 7.3 and then sell at 7.2. Their argument against manipulation is that they can proove the order was offered in the market prior to being closed.
The increase in volume selling per order is designed to create the impression of accelerated selling.
The buy orders are set in the chain with the objective to draw out genuine third party sellers.
So effectively the shares being BOT traded may never realy change beneficial owners because the beneficial owners are a party of people working together.
It happens every day.
I can almost guarantee you will find that the party buying is...
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.84M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 63334 | 2 |
View Market Depth
| Last trade - 16.12pm 04/07/2024 (20 minute delay) ? |
| JPR (ASX) Chart |
Day chart unavailable