They are doing it because it helps them achieve the daily VWAP without selling large chunks. It also helps when a fund is trimming their portfolio due to inflows outflows. Any sale impacts the market but it does not mean they are deliberately manipulating. I have heard others call a 800,000 share parcel sitting on the offer manipulating.....seems people don't want others to sell tiny or large parcels!
They are doing it because it helps them achieve the daily VWAP...
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Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.114M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 240000 | 7.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.7¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
| RWD (ASX) Chart |
Day chart unavailable
