So I just watched a large sell go through CDB at 2.4. The sell was around 2.2m shares and on the bid was 2.1m (roughly).
The last trades in the line up on the bid were 3 x 30k and a 10k (or whatever) of CXA.
So as the stock was dumped, these trades did not go through and one by one they were diminishing (being cancelled/amended), while the remainder of the dump/sell order sat there on the sell (402867 shares). So to clarify, the bid and the sell were showing 2.4 at the same time until the cxa trades had been cancelled.
So does this simply mean the CXA bids can always be put there for fake support knowing they will not get hit by the sells off the asx?
