You got it right,
Many are like this you can blame ASIC ASX but mainly darn ASIC.
They allow all these manipulation products, bots, shorts, slgo trading, dark exchanges, i share sales etc, so whilst ASIC go on about a fair and transparent market it is anything but, They are allowing mem and dads to be taken to the cleaners.
On top of this you have billions upon billions of shares on issue, which allow these manipulation funds etc to buy heaps of sheet stock and just load it all on the sell side thus pushing the stock down into oblivion.
This has moved quickly down now, i am sadly expecting 1.5 then 1 cent imo all because of the bs regulator who does nothing in this disgusting asx m casino
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $226.4M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $615.3K | 27.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 7341989 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 8722067 | 20 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| SYA (ASX) Chart |