Producers are falling because the game is not on equal footing with us small investors.
The big institutions and hedge funds and the likes can manipulate the share price any way they want it to be.
And make this happen if it is in their interest.
Simple as that.
Today with the down jones underwater it was the perfect time for them to show their muscles and push prices the way they want them.
Spodumene Prices, page-226
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Last
$2.90 |
Change
0.160(5.84%) |
Mkt cap ! $8.731B | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.90 | $2.80 | $106.1M | 37.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 325534 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 158813 | 18 |
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| PLS (ASX) Chart |