AUL 7.25% 32.0¢ austar gold limited

There have been continuous spoof orders for past few weeks...

  1. 554 Posts.
    lightbulb Created with Sketch. 39
    There have been continuous spoof orders for past few weeks during the low volume, with larger orders propping and moving down the buy side. Similar on sell side. Everytime big sell side ones look like being filled, they have moved or been pulled. IMO selling by 3b (if them) has been into a propped range of .9-1c. They will not give 2 sh1ts about a ceiling but have to sell before anyone else gets tempted to flip a pip. They do care about a floor and it's clear they want to sell but not break the stock (no value for future conversion). But, we'll never know for sure because we are on hotcopper. Yes it could be all retail and I'm sure some of us do test the Matrix by putting a large buy/sell order on, but retail doesn't do $0 value transactions. In the meantime retailers wait on news and play the long game because the vultures always get their money 1st. The more this controlled SP is going on the happier I am to be holding because the outcome of trial mining is nothing to do with an organisation whose mandate is to make money without a long view. TBH I'd rather flip 50% risk free rather than hold any share. The only way to test the vultures out is for everyone to put their shares for sale on Monday morning and walk away, and that isn't going to happen. So games will continue on low volume - 1.8bn+ shares on issue and a few thousand bucks can swing 10%+. Doesn't mean much. Rant over and I suggest we all hold Matty to account to their promise to not speak (ramp) again until next Friday!!!! Now where's my frothy when I need it...
 
watchlist Created with Sketch. Add AUL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.