The price action in LGL is perfectly normal. There's no evidence of manipulation here. If you divide LGL by the All ords you will see that relative to them market LGL has just pulled back. The whole market has gone down causing LGL to give a nominal (and possibly false) sell signal.
shorting: asx surveillance and price action, page-20
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 (20min delay)
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Last
$1.48 |
Change
0.010(0.68%) |
Mkt cap ! $180.0M | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.48 | $1.47 | $25.43K | 17.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6258 | $1.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 1001 | 2 |
View Market Depth
| Last trade - 15.03pm 12/09/2024 (20 minute delay) ? |
| LGL (ASX) Chart |