I think you’ll find a clue in the fact that in the after close someone carefully places buy orders to chase down the sell orders, to just a few cents below that which would cause the price to close higher for the day.
All hypothetical of course because the ASX has asked brokers to self-regulate, so that manipulation cannot occur.
I think you’ll find a clue in the fact that in the after close...
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Last
34.5¢ |
Change
-0.015(4.17%) |
Mkt cap ! $624.4M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.5¢ | 34.0¢ | $1.179M | 3.382M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101976 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 151653 | 1 |
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| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| BOT (ASX) Chart |