I think a post by rexi98 on the ESG site titled "smashed computerised trading explained 26/2/10 -16:29" is a must read and very relevant to what has happened with MEY today.In fact to me its the only logical explaination for todays dismal performance.I entered this stock several years ago at 17.5c when we were just being to explore this region and you mean to tell me after all this time and a 120% increase etc its worth half a cent more.!!
I think not.I think rexi98 post is spot on and for me the only way to counter such blantant manipulation is to believe in the fundaments of why you purchase a stock,set your own agenda and stick to it.
what is going on....., page-17
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Last
38.0¢ |
Change
-0.020(5.00%) |
Mkt cap ! $117.2M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.0¢ | 37.0¢ | $124.0K | 325.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3520 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 50000 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |