They are fake orders. Like the 20,000 share @$2.11 buy order that was sitting in IR1 this morning. Orders that have no intention of being filled.
The people who place orders and then pull them are being manipulative IMO. Trying to get the best price? Or trying to create the best price.
There are algorithms being used by bots and brokers in thousands of stocks.... to manipulate.
There are shorters lurking in thousands of stocks.... who manipulate.
I'm actually not sure of your point? Surely it's not that the market is fair and free from manipulators?
Why so touchy about a well known and often discussed phenomenon??
"Market manipulation may involve techniques including: Spreading false or misleading information about a company; Engaging in a series of transactions to make a security appear more actively traded; and. Rigging quotes, prices, or trades to make it look like there is more or less demand for a security than is the case."
- Forums
- ASX - By Stock
- IRIS General Discussion
They are fake orders. Like the 20,000 share @$2.11 buy order...
-
- There are more pages in this discussion • 587 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IR1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
19.5¢ |
Change
-0.035(15.2%) |
Mkt cap ! $27.12M |
Open | High | Low | Value | Volume |
23.0¢ | 24.0¢ | 19.5¢ | $176.1K | 863.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11300 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 60000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11300 | 0.195 |
1 | 2100 | 0.190 |
2 | 50000 | 0.185 |
3 | 100000 | 0.180 |
3 | 60996 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 60000 | 3 |
0.205 | 30000 | 1 |
0.210 | 132000 | 2 |
0.215 | 37500 | 1 |
0.220 | 650 | 1 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
Featured News
IR1 (ASX) Chart |