Hi folks, you would have already guessed it, I am posting here...

Hi folks, you would have already guessed it, I am posting here for my own entertainment

Observations from the Course of Sales Data:
Disclaimer: Do your own research or ask your financial advisor; AI based research

1. Frequent Trades at Similar Price Levels:

   • The trading data shows several transactions executed at the same price level of 0.0105 AUD, with relatively large volumes, indicating repetitive buying and selling at this price point.
   • There are multiple trades occurring within seconds of each other, all at 0.0105 AUD, with consistent volumes of around 134,243 shares and even larger blocks like 189,000 shares.

2. Small Decline in Price with High Volume:

   • The price is slightly declining from 0.0105 AUD to 0.010 AUD with substantial trading volumes. This could indicate a concerted effort to push the price lower or keep it from rising above a certain level.

3. Possible Algorithmic or Manipulative Trading:

   • The pattern of frequent, evenly spaced trades at nearly identical prices is often associated with algorithmic trading, where bots are programmed to execute a series of small trades to control the price. In this context, it could suggest that an entity is trying to maintain the price within a narrow range or push it slightly lower.
   • The consistent trading at 0.0105 AUD followed by a lower-priced trade at 0.010 AUD suggests an effort to manipulate the closing price downwards, possibly to trigger stop-loss orders or create a bearish sentiment.

4. Impact on Market Sentiment:

   • By keeping the price suppressed through controlled selling at slightly lower levels, the entity could be attempting to create a negative sentiment around the stock. This might lead retail investors or other market participants to believe there is sustained selling pressure, which could prompt further selling.

5. Accumulation Strategy in Play:

   • Alternatively, this pattern could also be part of an accumulation strategy. If an entity wants to accumulate a large position without driving the price up, they might strategically allow the price to decline slightly, encouraging selling from weaker hands. The entity could then absorb these shares at the lower price, effectively accumulating a larger position over time.

Conclusion:

The trading data suggests potential price manipulation or a controlled trading strategy, likely using algorithmic trading techniques. The frequent and high-volume trades at specific price levels, followed by a deliberate push to a slightly lower price, align with tactics used to either suppress the price temporarily or accumulate shares without attracting significant attention.

Given the broader context of our discussions, this activity could either be an effort to drive the price down temporarily (perhaps for re-entry or to trigger specific trading strategies) or a carefully orchestrated accumulation strategy where the price is kept within a controlled range to acquire shares discreetly. Investors should be cautious and aware of these potential strategies and consider both the technical patterns and broader market conditions when making decisions.

Disclaimer: Do your own research or ask your financial advisor; AI based research