I wonder whether or not there could be some shorting just directed to this easy price manipulation - when it reaches around 38c sell short for a few days, buy back lower (eg,30c to 33c) and then let the natural price rise again. It is a common shorting process since ASIC decided to allow price manipulation by the big boys without penalty.
I know shorting has bee reducing on PLS but this practice only needs a few days and not a huge lot of selling, just enough to trigger a market already suspicious of the raised price.
PLS chart, page-219
-
- There are more pages in this discussion • 21,947 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.23 |
Change
0.080(2.54%) |
Mkt cap ! $9.721B | |||
| Open | High | Low | Value | Volume |
| $3.11 | $3.26 | $3.07 | $138.0M | 43.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 247485 | $3.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.23 | 265073 | 5 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |