KNO 5.00% 3.8¢ knosys limited

Given how quickly they're appearing after every transaction, it...

  1. 466 Posts.
    lightbulb Created with Sketch. 6
    Given how quickly they're appearing after every transaction, it looks to me more like a deliberate attempt to keep the price down. Genuine retail holders wouldn't be selling so many sub $1000 (and sub $500) parcels with odd share amounts, nor would they load up new orders within split seconds of each sale going through. It smacks more of something a computer program would do, though it doesn't look like the typical price-suppression bot.

    I think yesterday's rise got the attention of an accumulator who decided to pull on the handbrake today & keep things under 10c for a while longer.
 
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