BHP 0.22% $41.45 bhp group limited

kacy >>>Today was a classic example of market manipulation by...

  1. 356 Posts.
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    kacy

    >>>Today was a classic example of market manipulation by someone with very deep pockets who is long on BHP<<<

    I tend to agree with you. I briefly reviewed the trading patterns and the volume - it appears to me somebody made a real play.

    it seems to me it was a classic short for 30 cent gain.

    there was also more than one broker involved.

    that explains the cross trades.

    a cool $3 million profit for couple of hours work.

    I wonder if it's going to continue on Monday orTuesday



 
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Last
$41.45
Change
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Open High Low Value Volume
$41.32 $41.50 $41.18 $55.20M 1.333M

Buyers (Bids)

No. Vol. Price($)
2 46 $41.45
 

Sellers (Offers)

Price($) Vol. No.
$41.46 4023 24
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Last trade - 10.36am 31/07/2024 (20 minute delay) ?
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