Well worth looking at the trades Merrill Lynch & Co. do on a daily basis. It's basically wash trading. They'll buy ~$35m worth of Z1P, and sell it on the same day (usually 1 or 2c lower). Pumping up the volumes.
My lesson from this is - when a company has significant ownership from parasitic sorts like BOA and ML, it's a good idea to run the hell away. They own 23% of Z1P, so their fingers are always manipulating stock prices, doing dummy sales, wash trading, and setting sell & buy walls (I watched them try unload shares a few months back, purposely buying their own shares back at a higher price in the same 10 minutes to try rally up the SP). I guess it's all so they can get their moneys worth from this ASX enabled ponzi scheme.
Scam'tacular. Yet, that's legal - but when folk join together and squeeze out shorters (GME anyone?), somehow this needs to be outlawed? lol
Well worth looking at the trades Merrill Lynch & Co. do on a...
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Last
$2.30 |
Change
-0.100(4.17%) |
Mkt cap ! $2.985B | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.43 | $2.30 | $30.40M | 12.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 296874 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 4000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |