Computer programs that "brokers" (they are called that for good reason) use & pay very little for , to electronically manipulate your shares into a quick buck for no outlay. All sanctioned by our "regulators". Became more prevalent in the last couple of years as more "mum & dad" investors started doing their own dealing on line. You try buying 50 shares at a time , a thousand times a day, and paying brokerage on every transaction, trying to follow the trends (that they set). ASX & ASIC sanction this practice because "it adds liquidity to the market" & due to collective turnover fees they make a nice buck. DOESN'T SEEM RIGHT DOES IT?????.... (just my simple explanation)
Computer programs that "brokers" (they are called that for good...
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Last
$7.61 |
Change
-0.100(1.30%) |
Mkt cap ! $7.113B | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10000 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.61 | 6808 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |