My understanding is its a way to buy or sell large number of shares without causing large swing in sp. If you place a buy or sell for 10 million at market the price jumps but if you just keep buying in $50 increments you get what you want without moving sp, unless you keep doing same for weeks then it has to slowly move one way or the other.
I think it should be illegal if the average investor cant do it as well, its supposed to be an even playing field.
My understanding is its a way to buy or sell large number of...
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $489.9M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $21.55K | 199.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1003239 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 455659 | 7 |
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| Last trade - 10.41am 15/08/2024 (20 minute delay) ? |
| PYC (ASX) Chart |