You can simply take 2 CFD accounts ... 1 with Macquarie or another Direct Market Access (DMA) provider and one with a marketmaker (like CMC etc)then...
You sell short with the DMA account driving the price south for a few days ...then when everyone panics, buy back the same size position with a non DMA account on another provider covering but never actually driving the price up ... its money for nothing friends.
And its totally legal. When you are done ... close both positions simultaneously ... and you got free cash!
You can simply take 2 CFD accounts ... 1 with Macquarie or...
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Last
$1.40 |
Change
-0.050(3.45%) |
Mkt cap ! $170.8M | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.42 | $1.38 | $20.62K | 14.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3055 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 14375 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| LGL (ASX) Chart |