There is a difference between the SP being the victim of short selling and the manipulation by big money to achieve an outcome.
If big money wants to accumulate they will control the price to buy at what they see desirable
If big money wants to control the price to make the T/O price less than what a normal market dictates
The pattern the last few weeks and maybe months has been an accumulation I think, lots of churn and not much movement.
There is a difference between the SP being the victim of short...
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Last
$2.43 |
Change
-0.090(3.57%) |
Mkt cap ! $1.678B | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.50 | $2.43 | $2.311M | 940.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17100 | $2.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.45 | 5973 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PNV (ASX) Chart |