EXT 8.33% 1.1¢ excite technology services ltd

what is he doing, page-5

  1. 1,775 Posts.


    Lordy Goodmorning


    This irritates me, that same person has small parcels
    @ $1.45=212 $1.455= 220 $1.465=139.

    This person done the same last week, putting a small
    parcel on, just or few cents below & just above the
    buy order & hoping a seller would dump below that
    small sell order, and was successful in achieving that.

    I thought it was not possible to trade under $500
    because anything under that is not considered a
    marketable parcel, the only time a small parcel could
    be traded was to finish a uncompleted trade, and also
    I wonder if this person is being charged under the ASX
    Rules for each trade, I think i am right, but correct
    me if I am wrong.

    But as I said above, I dont believe it is legal to
    trade like this, if it is legal it should be stopped

    Re Simmo
 
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