WES 0.21% $70.48 wesfarmers limited

Unrealated to WES there are all these unrealistically high buy...

  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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Last
$70.48
Change
0.150(0.21%)
Mkt cap ! $79.49B
Open High Low Value Volume
$69.91 $70.53 $69.74 $12.35M 176.1K

Buyers (Bids)

No. Vol. Price($)
7 88 $70.48
 

Sellers (Offers)

Price($) Vol. No.
$70.50 95 3
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Last trade - 13.01pm 22/07/2024 (20 minute delay) ?
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