Their program is designed to buy in the arvo and sell in the morning. As small retailer you can take advantage of it as long as there are enough shares from other retailers on the other side. If not they don't do their game. The big orders on both sides were their's today and as so often it worked in their favour. They get a signal from the ASX about 0.5 sec before closing, enough time to adjust down and not to allow the other side to react in time.
Any broker can buy that signal so I've been told. In case of 2 different brokers on either side the arvo buyer and morning seller wins.
Charting Only., page-169
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Last
3.9¢ |
Change
0.002(5.41%) |
Mkt cap ! $386.7M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 4.0¢ | 3.5¢ | $1.163M | 31.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2275218 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 196677 | 3 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |
