The big funds and brokers are the market makers, the algorithms they use is a tool to coax the sp in their chosen direction. Bulking is a very lucrative method of revenue for the ASX which allows the brokers to run algos.
Whilst bulking isn't the most important concept to understand (for a trader), it does allow one to grasp the bigger picture. Most retail get by with simple TA but to understand algorithms ie what they are trying to achieve is a very valuable tool to have.
@stash, give me a call, I can help you spend some of that money
The big funds and brokers are the market makers, the algorithms...
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Last
0.7¢ |
Change
-0.001(6.67%) |
Mkt cap ! $8.320M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $52.03K | 7.434M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 16299603 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 171268 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| TEG (ASX) Chart |
