Bots cause a lot of issues within the small cap world. I’ve...

Bots cause a lot of issues within the small cap world. I’ve always thought they should be banned outside the asx 300 for good reason. A stock is much easier to manipulate (not paranoid) and you see it all the time. Bots can sell a stock down 10% on zip volume or vice versa. Compliance would be all over you if you tried that yet you can program a bot to do it all day long.
The asx is responsible for allowing this practice for profit and some of the countries high profile market players have called it scalping. Yesterday was a classic case of the bot getting caught out by a buyer. Nice to see the shoe on the other foot. You will notice that bots move on and off the bid all the time to change the market. While that is an interesting play, it’s also a weakness. You know they are sellers for the last few days, so you pull your bid back and let them come down to you. I think all that cheap stock at 6.8c got sucked up. The buyers pulled pre market in the mid 7c range and got set in the high 6c range. Nice work.
Meanwhile in the real world, company should be going very well. Dyor