SRT 0.00% 18.5¢ strata investment holdings plc

"Why would a false buyer bid put an order on the front line...

  1. 275 Posts.
    "Why would a false buyer bid put an order on the front line where he/she could be sold into if it was a fake bid especially as they were the only bid? Why wouldn' they just put their bid at 1.8c - 1.9c to prop up the buy side and Sp and allow themselves the chance to get out if it did fall?"

    Because I believe the bid at 1.9c was the same operator, that did prop the shareprice and he was joined at 2c by others who were left on their own, also it caused people to bid over him only to find themselves losing money, the extra 2mill that arrived was probably him attempting to sell with only a few minutes trading left making people make rash decisions
 
watchlist Created with Sketch. Add SRT (ASX) to my watchlist
(20min delay)
Last
18.5¢
Change
0.000(0.00%)
Mkt cap ! $31.34M
Open High Low Value Volume
19.0¢ 19.0¢ 18.5¢ $9.548K 50.72K

Buyers (Bids)

No. Vol. Price($)
1 57028 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 50095 2
View Market Depth
Last trade - 14.10pm 04/07/2024 (20 minute delay) ?
SRT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.