Its not really manipulation, except that it can involve queue jumping.
Lets say you are asking $4.10 for your shares, and there are five other lots ahead of you also asking $4.10. Normally your shares would eventually sell at $4.10 once the other five sellers ahead of you get rid of theirs, - assuming all sales at $4.10. No problem with that.
But suppose you are number six in the queue of lots at $4.10, and your own broker suddenly gets a buy order at $4.10. Lucky you, your shares will be crossed and sold, while the other five sellers ahead of you watch in awe.....
Its frustrating, but is still legal..
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Last
24.0¢ |
Change
0.005(2.13%) |
Mkt cap ! $677.8M |
Open | High | Low | Value | Volume |
23.5¢ | 24.0¢ | 23.5¢ | $18.20K | 77.24K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 248937 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 76188 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 248937 | 0.235 |
17 | 272037 | 0.230 |
4 | 95744 | 0.225 |
13 | 300471 | 0.220 |
2 | 19504 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 76188 | 4 |
0.245 | 16263 | 3 |
0.250 | 21000 | 2 |
0.255 | 99822 | 4 |
0.260 | 402765 | 4 |
Last trade - 12.37pm 15/08/2024 (20 minute delay) ? |
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