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$15.14 clinuvel pharmaceuticals limited

I’m not sure you’re wrong there’s wash trading happening, but...

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spanfred

40 Posts.

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25/02/23

11:56

Post #: 66461258
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Originally posted by Silverchair: ↑

Read up on wash trading and circular trading, if me or you tried it we would be charged but if computers/algos for financial institutions or hedge funds do it then its apparently ok. Watch the daily trading, it's not real shares changing hands permanently for the most part. Also most people wouldn't sell their shares with the intention to drive the share price lower most people try to get the best possible price when selling. It is a very tightly held register and today's results were good. Not many biotechs pumping out these sort of profits, they just need to get their extremely good pipeline moving along.

All IMO DYOR

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I’m not sure you’re wrong there’s wash trading happening, but I’m not sure you’re right either.

What evidence do you have for this theory?

CUV Price at posting: $23.43 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $15.14		Change -0.170(1.11%)		Mkt cap ! $758.5M

Open	High	Low	Value	Volume
$15.41	$15.63	$15.11	$1.353M	88.79K

Buyers (Bids)

No.	Vol.	Price($)
1	396	$15.14

Sellers (Offers)

Price($)	Vol.	No.
$15.20	500	1

View Market Depth

No.	Vol.	Price($)
1	396	15.140
1	229	15.130
1	229	15.110
1	66	15.100
1	229	15.090

Price($)	Vol.	No.
15.200	500	1
15.260	229	1
15.280	229	1
15.310	229	2
15.330	229	1

Last trade - 16.10pm 30/05/2024 (20 minute delay)


Last $15.20			Change -0.170 ( 0.95 %)
Open	High		Low	Volume
$15.21	$15.48		$15.11	6564
Last updated 15.59pm 30/05/2024 ?

CUV (ASX) Chart

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