That selling is nothing but stackers. They do this to drive the price down for accumulation and then they disappear once they have bought. The buyers then stack up for the trade out. Short sellers playbook but its also a general traders technique. Once players have a decent holding, it allows them to paly both sides. Its not illegal, but its worth understanding that you dont sell under them. It is designed to shake out punters and works a treat. This was working well for LIS for a while, but the sellers are working this mob out. You would have noticed that the larger seller just pulled his offer. Its BS.
That selling is nothing but stackers. They do this to drive the...
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $86.42M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $11.52K | 87.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 73854 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 32588 | 4 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LIS (ASX) Chart |