Interesting.
It's not just about the low-volume transactions with MGT though - it's also the large sell orders that appeared to be put in the market to cap the price.
Like I said earlier, it's not like anyone has solid proof that manipulation is occurring; it just looks a bit suspicious. So it might be something that ASIC could take closer look at as I assume they have some investigative powers to ask questions and get access to the necessary order data.
Not something that I plan on spending my own time on, but I thought I'd ask if anyone else had done it out of interest.
Interesting. It's not just about the low-volume transactions...
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Last
28.0¢ |
Change
0.010(3.70%) |
Mkt cap ! $27.56M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.0¢ | 27.5¢ | $29.74K | 106.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 77617 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 72219 | 3 |
View Market Depth
| Last trade - 10.44am 03/05/2024 (20 minute delay) ? |
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Last
28.0¢ |
Change
0.010 ( 5.66 %) |
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| Open | High | Low | Volume | ||
| 27.5¢ | 28.0¢ | 27.5¢ | 10758 | ||
| Last updated 11.36am 03/05/2024 ? | |||||
| MGT (ASX) Chart |