Yeah I saw this a few days ago. Definitely either an error, or someone purposely sold a single unit at a stupid price. It's interesting it was just after everyone started watching it.
No ideas. I'll go with the fat fingers idea as
@Scolley said. I'll put them onto Homer Simpsons dialling wand.
Buys are lining up in the hundreds of thousands, and the sells are in very, very low levels. People aren't dumb enough to part with their shares at these prices - it's only upwards from here.
Saw someone try to sell it down at open (yesterday would have made more sense, but given nobody needs to do tax-loss sales from today). They had ~$50k sitting there to be sold at 29c, even though the offer was nearly 10% above that.. At open, it was gobbled up, and the price sprang straight to 32.5c. Bad luck for them, a wasted $50k, nobody panicked. Fun to watch when attempts to manipulate the market fail and end up costing.
Early days for us all, enjoy the ride and ASX sideshow! GLTAH
