Thats generally how a trading engine can work, yes. A standard internal crossing (XT trade code) for just under $500K was done yesterday as the volume at that price point wasnt there in the marekt you can see. The sell side failed to drive-out or surface any additional volume. Its pretty clear a large accumulator is circling because you dont see (in QRX) a $20K order jump the spread on the close UNLESS the order was given an instruction to FOK (fill-or-kill). This equates to a good-for-day to fill all volume by EOD.
Today there is volume. But lets keep an eye on the orders between $1.30-$1.22 and see if they remain in the market around 9:00pm AEST. This will give us a true picture of what is in the market. Having said all this, they could be legit.
QRX Price at posting:
$1.21 Sentiment: None Disclosure: Not Held