Nobody puts a buy/sell order on for that sort of large amount if they are serious about selling or buying; it's done purely in an attempt to manipulate the market. If you really want to sell/buy a very large quantity you would do it in small bites over days so as not to work against yourself.
Likely the ASX pulled it because it was blatant market manipulation.
Chart, page-634
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Last
50.0¢ |
Change
-0.025(4.76%) |
Mkt cap ! $55.76M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 53.0¢ | 50.0¢ | $160.3K | 315.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40373 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 9050 | 1 |
View Market Depth
| Last trade - 15.58pm 13/09/2024 (20 minute delay) ? |
| IIQ (ASX) Chart |