That bid for two million at 11 was blatant manipulation.
The bidder obviously had no intention of keeping the bid there:
There are three possibilities.
1. The bidder is on at a lower price and hopes to get some stock as sellers at 10c will expect to get at least 10.5c. with that two million bid on at 11c.
2. The seller is on the other side and hoping to get a better price because traders will see that bid at 11c and also bid.
3. Someone just being mischievous for a bit of a laugh.
MPO Price at posting:
0.0¢ Sentiment: None Disclosure: Held
