I beleive placing large buy orders from one account and then sell orders from another account you also own is considered market manipulation. This artificially inflates trading volume and opens up the price to manipulation.
I wouldn't be able to quote any laws but I don't beleive it is legal.
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I beleive placing large buy orders from one account and then...
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Last
0.5¢ |
Change
0.001(11.1%) |
Mkt cap ! $6.209M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $10 | 2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 21835002 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 5659850 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 21835002 | 0.004 |
15 | 14788585 | 0.003 |
6 | 10850009 | 0.002 |
7 | 13493000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 5659850 | 20 |
0.006 | 2864186 | 5 |
0.007 | 6644990 | 6 |
0.008 | 1724900 | 7 |
0.009 | 709500 | 4 |
Last trade - 10.02am 12/09/2024 (20 minute delay) ? |
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EFE (ASX) Chart |