This is likely what that trader wants you to think.
Sorry, I hate to be conspiratorial because I think most of HC is filled with people over exaggerating the idea of 'manipulation of stock prices', but on this occassion I think it's pretty reasonable that if someone wanted to sell 3m of LRS, they could have done it any time yesterday between 7 and 7.5 but chose not to.
Also, if they are selling for tax losses, time isn't on their side, which also makes it all the more likely to be a fake order attempting to cap the price.
LRS General Discussion, page-6367
Add LRS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $601.8M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.0¢ | $1.086M | 5.039M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 376905 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 147588 | 6 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
|
|||||
|
Last
21.0¢ |
Change
-0.005 ( 2.91 %) |
||||
| Open | High | Low | Volume | ||
| 21.8¢ | 22.0¢ | 21.0¢ | 1110562 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| LRS (ASX) Chart |