TVN 2.00% 4.9¢ tivan limited

manipulation?

  1. 173 Posts.
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    I think maybe this stock has been manipulated to a degree in the past month, particular yesterday and today.

    When there was not much shares for sale between 9 to 12 cents, they bought up, including those shares accumulated at around 8.5 cents. Then they sold a bundle between 12 and 13 cents yesterday. The sell side was not loaded on purpose while they were selling yesterday.

    Sold what they wanted yesterday, now loaded many 500,000 lot sizes between 15 to 18. Anyone with half a brain knows you don't sell shares this way on a low liquidity stock. ASIC can trace who has placed this stock.

    Either that or a long term holder who wants to buy more is placing there stock between 15 to 18 cents in order to buy more at lower prices.

    I have a screen shot of all the 500,000 lots for sale between 15 and 18 cents, a total of 500,000 * 7 = 3,500,000. Hopefully ASIC may do something about it, although I am not holding my breath.

    What's to say the seller with 500,000 lots removes them soon?
 
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Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
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