Well, if you think about it you can make it surge to 80 cents from 65cents with $100K only. This, in fact, is quite unusual. Most of the days, you can make a 20-25% increase in SP by buying $50K-worth shares.
However that's entirely hypothetical.
If you ever try to do that, you will see an immediate bot activity, suddenly some unusual buyers and sellers will appear in no time.
Therefore, while it looks like so easy to alter the SP, it's only the bots who can do that in the absence of a major market move.
Well, if you think about it you can make it surge to 80 cents...
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Last
21.0¢ |
Change
0.015(7.69%) |
Mkt cap ! $94.69M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 20.5¢ | $48.14K | 229.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21582 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 35927 | 4 |
View Market Depth
| Last trade - 15.27pm 23/07/2024 (20 minute delay) ? |
| FLN (ASX) Chart |