STX 2.56% 20.0¢ strike energy limited

Flow test ETA?, page-84

  1. 618
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    Same capping strategy as it has been the past few weeks. I did a few screen dumps of the depth movements but lost them when my laptop crashed Basically, there was an 800k sell order at 33. When the order moved up the order to be 3rd or 4th in line, the ordered was cancelled and a new sell order for 700k was immediately created - which was of course added at the bottom of 33c queue as per the norm. At the same time, there were several small to medium orders continuing to hit the buy side. During the closing auction, it is with no great surprise that the 700k sell order was pulled at the last minute as that order was never ever intended to be filled. I won't speculate on the intentions of the party behind this "game" but there is definitely some sort of capping while accumulating going on.

    618
 
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