It's not how they are doing it. They are doing the buyers slowly. There is enough buyers coming to them and hitting their 5k-10k sell orders. Then when the buyers crunch through a line or two, they re-load those lines.
They allow the price to rise as well.
RAC - Charts & Price Action, page-4714
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Last
$1.57 |
Change
0.000(0.00%) |
Mkt cap ! $270.9M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.62 | $1.57 | $150.5K | 94.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20323 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 2672 | 2 |
View Market Depth
| Last trade - 12.50pm 16/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |