It looks to me like someone is wash trading their position. The bid/ask columns look similar to each other and the trades are making repeated patterns as someone offloads. If they're selling to themselves then the objective is to press the price down. Illegal but I've never heard of anyone ever being charged for it, let alone convicted.
It looks to me like someone is wash trading their position. The...
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 (20min delay)
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Last
8.4¢ |
Change
-0.004(4.02%) |
Mkt cap ! $618.5M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.6¢ | 8.2¢ | $1.696M | 20.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 612645 | 8.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 378671 | 17 |
View Market Depth
| Last trade - 12.26pm 01/05/2024 (20 minute delay) ? |
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Last
8.4¢ |
Change
-0.004 ( 3.00 %) |
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| Open | High | Low | Volume | ||
| 8.5¢ | 8.6¢ | 8.2¢ | 4963898 | ||
| Last updated 12.47pm 01/05/2024 ? | |||||
| IMU (ASX) Chart |