When you see say a few shares - eg 32 shares only get pipped...

When you see say a few shares - eg 32 shares only get pipped into 10.5c, etc that is bot trading attempting to always keep the low bid as last - attempt to manipulate by triggering stops. / or provide the largest psychological dent to have holders abandon ship.

When a few hundred k step up at 11c it must really spoil their afternoon.

So why is it being manipulated?

So that whoever can accumulate the 10.5 and 10c bidders.

It will get ramped up in due course and then they will unload into the market and repeat the bullshit .