AVB 0.00% 16.5¢ avanco resources limited

Whoever is controlling the price is doing it beautifully. Each...

  1. 122 Posts.
    Whoever is controlling the price is doing it beautifully. Each day they've made sure it's been damn hard for day traders to even make $0.05.

    The only way you've been able to make decent $ on this is if you've held overnight.

    Today I think someone did a dodgy. Someone sold close to 4m units into the bid at $0.16 and cleaned it out. Then they did two cross trades for 1.5m units at $0.155 within a minute of each other.

    This gave the impression $0.155 was at risk and the herd has sold into it and then provided over 1m units at $0.16 on the offer.

    In reality, $0.155 was never at risk, the cross trades were done to just cap the price.



 
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