MLS metals australia ltd
Add to My Watchlist 5.88% ! 1.8¢

Yes it appears to be pump and dump -- traders I assume.When it...

  1. qantum
    2,318 Posts.
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    14/04/09
    15:25
    Post #: 5009758
    Yes it appears to be pump and dump -- traders I assume.
    When it gets down around .08 to 1 they clog up the lower bid positions with millions and control the buying-- then it gets pumped .They then clog both sides of the buy and sell with large bids and leave a blank spot as the only exit or entry point for some mug( like me).
    From today's trading , it appears to me that they are in sell-down mode at 1.4 -- watch the lower bids evaporate as they progress to sell down at lower levels -- in my view its the traders propping up their own position so that they can sell out at higher levels and then repeat the whole cycle all over again.
    Only my view , but would be interested in the thoughts of others.
    regards
    Q
    MLS Price at posting: 1.3¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
1.8¢ 		Change
0.001(5.88%) 		Mkt cap ! $13.11M
Open High Low Value Volume
1.7¢ 1.8¢ 1.7¢ $1.593K 88.48K

Buyers (Bids)

No. Vol. Price($)
1 42869 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 800129 6
View Market Depth
Last trade - 15.41pm 07/07/2025 (20 minute delay) ?
MLS (ASX) Chart
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