IVZ Share Price, page-19626

I doubt there’s a single “pip trader” who cares about the fake sells being placed well above the action, all they’re concerned with is the buy/sell spread and whether they can generate enough volume to churn the bid and ask, as they do on almost every other stock on the ASX. I’d imagine the person mostly “not having a good time” with it is our MD. He’s worked his backside off to get us to where we are and currently has PPSA sign off and financing negotiations on his plate amongst other things, all while global politics are extremely volatile. I can’t exactly see him doing cartwheels over 8mill shares being placed on the ask by a large shareholder, which clearly have zero intention of actually being sold. All it’s going to achieve is further erosion of sentiment, both in the short and long term and the perfect example of this HCH, it has gone from $2.50 in 2021, when someone placed a similar wall of fake sells, to it’s current price of $1.24…..