You said: "However, if I use that algorithm to accumulate shares by influencing the market to sell, then I would agree that it is a clear case of manipulation. The question is, how do you identify and prosecute this kind of manipulation? I have no idea."
I think you have just acknowledged that the use of algorithms programmed with the intention to lower the price with the aim of accumulation at those lower prices, as it is a known that the algorithm will take out the shares of those traders with a stop loss at the relevant lower level.
You said: "However, if I use that algorithm to accumulate shares...
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Last
56.0¢ |
Change
0.055(10.9%) |
Mkt cap ! $50.52M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 56.0¢ | 50.5¢ | $31.74K | 59.95K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 2182 | 2 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
56.0¢ |
Change
0.055 ( 7.94 %) |
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| Open | High | Low | Volume | ||
| 51.5¢ | 56.0¢ | 51.5¢ | 5632 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| SRL (ASX) Chart |