When people talk about the SP14 Dec 2020 15:25
Right the market makers are in control here - they for no reason, no large sells or indeed any bad news communicated pulled down it’s pants - all day large buy orders have come through at around the 2.00 to 2.02 mark. It was 2.03 to sell and 2.06 to buy then MMS switched it via NT and pulled it right down. This isn’t the market reacting or investors selling up this is MMS marking it down because they need sells. Fine. Sell up but at least know/understand what’s actually happening to create a lower albeit temporarily lower SP. don’t think for one minute the SP currently reflects the real value here. Amazing MMS saw the value at 2.40-2.45 on open - what’s changed? We’ve had more buys than sell absolutely so...manipulation is your answer. The two times they’ve swiped it they wouldn’t quote sellers a price and took it to NT, they then release it for quotes but only after they’ve swiped it right down. Weak willies then panic sell now they can see a quote and so it begins...
IMHO DYOR GLA