LYC 0.17% $6.05 lynas rare earths limited

mitta, just wondering if you could help me out in understanding...

  1. 1,092 Posts.
    mitta, just wondering if you could help me out in understanding the purpose of the 115,563 order that every few seconds gets pulled out, then put back in that 1.225 queue? I understand they do this to manipulate the price but in the last 15 minutes or so they pulled it out for a few seconds, then added it in for a few seconds and repeated this process at least ten or 15 times. I've never seen this before to this extent? Are you familiar with this at all? Usually if they pull it out, it stays out in order to get the price happening whichever way they need it to go, or if they add in these "block" amounts they stay put until what they trying to achieve happens. This activity doesn't seem to have a purpose or am I missing the point somewhere??
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.05
Change
-0.010(0.17%)
Mkt cap ! $5.655B
Open High Low Value Volume
$6.00 $6.10 $5.97 $26.46M 4.378M

Buyers (Bids)

No. Vol. Price($)
1 849 $6.05
 

Sellers (Offers)

Price($) Vol. No.
$6.07 10260 1
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.