I agree totally with you crisendy...ive been watch this for many months now... these small trades are designed to move the SP in one direction or another - in this case down... while the market is void of investors willing to buy then they are able to manipulate the stock to force the week hands or any stop losses in place or any technical trigger points.... they may only be holding (shorting) a few share but its enough to make they money at the millions its reducing our market cap day by day....!
Its also interesting that they also place large sell orders a few cents above - currently at 40 cents and previously at 45 cents (which still sits in the sell orders as I type).
....
serious sellers don't just leave an order sitting there - what happens if we get a really positive announcement which could be capable of pushing the SP well north of these sell orders...
Its all a game for others... a game we can't play... we can't sell 1 share at a time....lol or buy 1 share at a time...!!!
and it not only our stock as it seems to be happening on all small stocks.....!!!
What is happening, page-2732
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Last
35.0¢ |
Change
-0.005(1.41%) |
Mkt cap ! $89.19M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 36.0¢ | 35.0¢ | $21.00K | 59.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 134548 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 4350 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| AXE (ASX) Chart |