PLS 1.32% $3.06 pilbara minerals limited

Suspicious close

  1. 1,269 Posts.
    What a weird close... leading into close there was a bit of a battle at 65.5 with buyers holding their own.. Overall there was some good buy pressure in the last hour or so, hitting a new intraday high of 66.5... Then seconds before close a bigger sell of 400k+ came in and took out 65, instantly there were some CP trades at 64.75 as has become the norm and remainder of bigger order deleted as we entered the auction. Into the auction, matching at 66 for a good part, then 65 and eventually weazled down to 64.5 with a 1 share overlap which has also become the norm.

    This close today was the most obvious games I've seen. I'm normally not a skeptic of these things, but I've seen it so often in PLS that I'm pretty convinced someone knows EXACTLY what they are doing here... Got me thinking, who wants us down and for how much longer? Is corporate action closer than we think?
 
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