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2.2¢ beacon minerals limited

The prick's strategy worked!

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bluey10

320 Posts.

28

09/06/21

13:38

Post #: 53741435
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Originally posted by 1for1: ↑

This morning at 10:46am an entity sold 3 options at a price of $0

This $0 sale took the BCNO price down 7.14%

No one would pay $20 to lose $20 if they were a genuine seller, this is obviously a bot or HFT taking the option price down with no cost to them (as they pay an annual broker fee)..

ASIC is NOT in business to protect you or me. Rather they protect the market makers. Just FYI if you are new to games on the ASX -- its most sinister on penny stocks were $0 can shift a SP, obviously not an even playing field.

Still though, those options are gold to me. Still plenty of time for them to be in the money and who doesnt want to convert to heads to get divvies galore. Seems like no-one is selling so these tricks likely wont work as most holders are as stubborn as i am and likely value there heads and oppies FAR above the current depressed uneducated levels.

Gold hedge not hurting us yet, just hope we dont rush into another given our board are not marco-economists and its a high probability to me at least gold will money shoot in terms of fiat like USD and AUD.

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The prick's strategy worked!

BCN Price at posting: 3.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.2¢		Change -0.004(15.4%)		Mkt cap ! $82.64M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.2¢	$178.4K	7.785M

Buyers (Bids)

No.	Vol.	Price($)
14	4916787	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	1124630	2

View Market Depth

No.	Vol.	Price($)
14	4916787	0.022
7	2575047	0.021
6	5321841	0.020
2	100000	0.019
1	900	0.017

Price($)	Vol.	No.
0.023	1124630	2
0.024	698440	6
0.025	351510	3
0.026	2362021	5
0.027	868044	4

Last trade - 16.10pm 18/09/2024 (20 minute delay)

BCN (ASX) Chart