WES 0.23% $70.59 wesfarmers limited

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  1. 634 Posts.
    Unrealated to WES there are all these unrealistically high buy orders on many asx top 100 companies like 300k cba $58.11, just one example but it seems many companies have similiar premarket orders. It is obvious that these orders will be cancelled just before the market opens. Why would a person do this? Maybe to artifically inflate the opening prices? Please I would like any thoughts. Whoever is doing this clearly has alot of cash because these orders are pretty massive, (Rule usually is you need to have like 10% of any stock transaction as collateral) and many companies seem to have been targeted.
 
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