Hi Sunaipa!!
No, the 1 share trades are real. They were initiated by a brokers computer algorithm to move the SP down to trigger a stop loss sale.
But if you or I were to put in a sell order for 1 share Commsec for example would tell you its an unmarketable parcel and cannot be sold.
Brokers also will often place buy or sell orders a few cents above or below the current share price in order to give the impression of strong demand or a sell off. These orders will often move up and down as the share price changes or will disappear without ever being filled. These orders are obviously fake.
Cheers!!
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.76M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $11.95K | 747.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 168587 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 3548621 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 168587 | 0.016 |
42 | 9673041 | 0.015 |
14 | 2536049 | 0.014 |
7 | 2633923 | 0.013 |
6 | 1655833 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 3548621 | 12 |
0.018 | 3062774 | 10 |
0.019 | 3659762 | 9 |
0.020 | 1778444 | 15 |
0.021 | 1397619 | 3 |
Last trade - 10.36am 16/07/2024 (20 minute delay) ? |
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