No doubt the manipulators are in play. The 250000 odd shares offered at $1.44 and placed simultaneously by six sellers about 08:50, put some depth in the sell side today and made a formidable barrier which wasn't crossed. Note the expulsion of the sells at the close. Will be interesting to see if the buffer reappears tomorrow.
If there is one thing I despise about share trading it is the blatant manipulation by parties who use bots, non genuine sell offers etc.
One consolation is that it allows more chance of getting in or adding to ones position at a lower price than would be possible if the sp truly reflected fundamentals and the pog. Good company news is what usually smashes the manipulators and overcomes the sp manipulation.
Sighs!
No doubt the manipulators are in play. The 250000 odd shares...
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Last
$1.97 |
Change
0.028(1.42%) |
Mkt cap ! $2.243B | |||
| Open | High | Low | Value | Volume |
| $1.97 | $1.98 | $1.96 | $1.211M | 616.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 13087 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 46990 | 39 |
View Market Depth
| Last trade - 11.10am 01/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |