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1.2¢ king river resources limited

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Yak52

332 Posts.

98

08/01/19

13:14

Post #: 37055995
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Originally posted by mbenz500 ↑

Originally posted by Yak52
Someone has paced a "blocking sell trade" at 0.012 on the oppies.

Then started accumulating at 0.011.

The blocking ensures the price does not go higher while they consistently accumulate at 0.011

When they have the required amount @ 0.011 they will cancel the SELL order of 1.5 mil oppies and let the price go up. Some times[most often] they then place a FALSE buy order at say 0.010 of 1.5 mil [example] to give the impression of huge BUY interest which then pushes up price and they sell off at a higher value.

This is called "spoofing" and IS illegal with a Sydney trading being extradited to the USA only recently by FBI for "spoofing".

Yak52.
Or we just need someone one with $18000 to take the 1.5 million out!

Expand

The sell order of 1.5 mil oppies is designed to scare people into believing someone wants out big time, therefore most are fearful of buying up let alone taking out the 1.5 block.

Yak52

KRR Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
2 Upvote

1 Great analysis

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(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $13.75M

Open	High	Low	Value	Volume
1.1¢	1.3¢	1.1¢	$50.58K	4.555M

Buyers (Bids)

No.	Vol.	Price($)
4	479656	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	8224	1

View Market Depth

No.	Vol.	Price($)
22	6200311	0.009
8	28480304	0.008
5	5799516	0.007
6	5100808	0.006
12	8038888	0.005

Price($)	Vol.	No.
0.010	1100000	2
0.011	2390000	4
0.012	1242985	7
0.013	1846567	8
0.014	972413	7

Last trade - 16.10pm 26/11/2024 (20 minute delay)

KRR (ASX) Chart