Pilbara achieves a key objective and is on track to build a very successful company. Buyers respond by investing in the company and a few sellers take their profit.
In fact 82% of share trades were from buyers and only 18% from sellers BUT the share price goes south !
This needs a detailed investigation by ASX as when 'demand' exceeds 'supply' it always follows the price increases, everywhere else in the world. It is noticeable that the normally acceptable laws of Supply and Demand do not operate in Australia.
Clearly there is some manipulation going on which is seriously impacting the smaller private shareholder.
Share price manipulation?
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 (20min delay)
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Last
$2.81 |
Change
-0.040(1.40%) |
Mkt cap ! $8.476B | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.92 | $2.81 | $22.18M | 7.753M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 162036 | $2.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.82 | 162065 | 33 |
View Market Depth
| Last trade - 13.53pm 18/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |