RWD 4.76% 8.0¢ reward minerals ltd

They are doing it because it helps them achieve the daily VWAP...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7 Posts.
    lightbulb Created with Sketch. 1
    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!
 
watchlist Created with Sketch. Add RWD (ASX) to my watchlist
(20min delay)
Last
8.0¢
Change
-0.004(4.76%)
Mkt cap ! $9.114M
Open High Low Value Volume
8.0¢ 8.0¢ 8.0¢ $1.215K 15.18K

Buyers (Bids)

No. Vol. Price($)
1 15000 7.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 625004 2
View Market Depth
Last trade - 10.06am 26/11/2024 (20 minute delay) ?
RWD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.