You have no way of knowing the seller and buyer are same person or group. That's just pure speculation what you are saying.
What you describe is called a wash trade. It gets monitored by the asx and flags an immediate alert.
You have no way of knowing the seller and buyer are same person...
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 (20min delay)
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Last
$35.27 |
Change
0.220(0.63%) |
Mkt cap ! $67.00B | |||
| Open | High | Low | Value | Volume |
| $35.20 | $35.35 | $35.08 | $8.261M | 234.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 355 | $35.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.28 | 759 | 6 |
View Market Depth
| Last trade - 10.57am 31/07/2024 (20 minute delay) ? |
| GMG (ASX) Chart |