nonicI think you missed the real point of my post. I understand...

nonic

I think you missed the real point of my post. I understand about SP movement, shorts and stop losses etc etc etc ad nauseum.

Looking at the course of sales you will note some parcels going through of 1 share, 4 shares, 87 shares 112 shares etc with isolated ie non related time stamps. This has occurred over the past weeks. Some people have called this bot trading. On some days you see orders being placed and pulled on regular timing eg 40 seconds. That is a bid is placed of say 2500 shares and then pulled after 40 seconds and then reinstated. This can occur a number of times and looks very suspicious.

According to the ASX a marketable parcel is $500 and most of these trades are not. The ASX also allows direct market access DMA where a broker is able to buy smaller parcels within one lot thats they are not new trades. This can occur provided that it doesn't distort the price.

I think that the type of trading that's occurring here is distorting the price and it's not DMA.

I agree with your comments re stock lending with the express purpose of trying to short the market ie force the price down. I don't agree that DIO is particularly volatile. I think something else is going on here which I don't quite understand but trying to find out.

Cheers
BW