You're looking at pure market manipulation via bot trading,Trader.No doubt in my mind.Youtube vids'The Dark side of the ASX' which are pretty dry but very informative, demonstrates clearly the extent of this 'modus operandi'.A High Court decision in 2013 found such practice to be illegal.Why does it still happen? Good question. Turning a blind eye makes a lot of money for some,I suspect.Except for share holders of course.Sheep to be shorn.
donnybrook
Robot Trading, page-3
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Last
0.2¢ |
Change
0.001(33.3%) |
Mkt cap ! $3.678M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $3.27K | 1.734M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 190833659 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 20507858 | 13 |
View Market Depth
| Last trade - 11.58am 03/05/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
| 0.2¢ | 0.2¢ | 0.2¢ | 824791 | ||
| Last updated 12.54pm 03/05/2024 ? | |||||
| EDE (ASX) Chart |