Steiny,Counting your bid there were 5 un-rounded bids sitting...

Steiny,

Counting your bid there were 5 un-rounded bids sitting above 5c up until the sale at 6c occurred. After that there are only two bids and the smaller bid which was sitting at 5.7c prior to the sale automatically dropped to 5.4c and the bid amount increased by 10K shares. So what we have had is one sale at 6c for an exact amount and 3 bids vanish. We then have the highest outstanding bid for 34,872 shares drop 0.03c and then sometime after this change to 44,872. As I said I don't know what's going on especially noting last weeks sale of exactly what was bid at 5.2c which was also an un-rounded number of shares. From memory it was something like 92,756. To me it seems to be price manipulation. Now if it is Springtree you should get hit now that you have raised your bid to the best bid. If you don't get a sale then maybe its some form of accumulation but I am not sure how adding extra bids to the market depth assists with accumulation.