If those messing with the depth using these so-called "signal" orders (then spreading conspiracy theories regarding the activity), are reading this post...
I would suggest you spend a few moments on a quick refresher of the ASX rules regarding market manipulation...particularly the part on generating false markets and spreading of rumours.
The same thing happens from time to time on various stocks...recently however, I have noticed the same posters seem to be about each time it happens.
It might seem harmless enough to place such an order, but once you start posting about it your intent has clearly changed.
Just a friendly reminder that there is no anonymity in the market...or the forums.
Cheers!
CGA Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held