thanks to poster pmunt, who gave the following link, in relation...

thanks to poster pmunt, who gave the following link, in relation to market manipulation

http://www.asx.com.au/supervision/participants/market_manipulation.htm


in another thread "firm close at 17c", watso made the following comment

"note - in the last 2 days, about 1300 shares have been traded at 17c - that must indicate something"

there were 3 trades at 17c for the 1300 shares, which really was an absurd amount. watso posed the comment, that it must indicate something. from the above mentioned website, is the following

Marking the close

Marking the close involves buying or selling a stock near the close of the day's trading, with the objective of affecting the closing price. This might be done to avoid margin calls (when the trader's position is not self-financed), to help stymie a takeover or rights issue, to support a flagging price or to affect the valuation of a fund managers portfolio at the end of a quarter (called "window dressing"). A common indicator is trading in small parcels of the security just before the market closes, which results in a higher closing price.

..............

watso did notice that some of the gda trades at 17c, were the last trades for the day (and from memory, just before the close)

is this a case of manipulation??????????. you be the judge!!!!!!!!!!!!!!!!!!!!!!!!!