I presume you refer to the "bogus" SELL Depth?
Why would it (45c) be a misleading order? It's the next chart Support (Brexit day - 44.5c).
56c is a critical support level...we have to see if it holds. This is critical.
Those 296,000 shares being bid at 45c are there for a good reason, a tick above that low. I've already got my order in there. Have you? Has anyone?
Will it be hit? We just have to see....so far, it's holding @57c
I can't speak as to those on the SELL side, as to their validity, or otherwise. Manipulation in markets is as old as Methuselah. I see it all the time in currencies and commodities (like gold, especially, the LON and primarily, NY trading sessions).
PLS - DAILY - usual ASX delay, but better charting than IRESS.
PLS chart, page-1795
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Last
$3.06 |
Change
0.040(1.32%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.12 | $3.02 | $47.88M | 15.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 321604 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 269930 | 12 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |