SLX 2.81% $5.18 silex systems limited

after the bell, page-5

  1. PK9
    98 Posts.
    My limited knowledge of bots is that they do not hold large short positions, in spite of the fact they drive the price down. If there is a turn in the market, they simply reverse and run with the trend, then return to what they were doing. They make their money both ways, winning 70% of their trades. I don't think they are going to have any fingers burnt if it goes to $16.00.

    If history tells us anything; the people with the money make the rules to keep the money. You and I cannot trade in the same manner as the bots, but thats called keeping equity in the system I believe.

    My question is, does the $2 million trade at the close of the day signal
    (1) the bot is going to drive the price further down
    (2) the bot is preparing to be a nett buyer
    (3) it means nothing
    (4) the sale it is not connected to a bot

    I am going to take my pills now :)

    PK
 
watchlist Created with Sketch. Add SLX (ASX) to my watchlist
(20min delay)
Last
$5.18
Change
-0.150(2.81%)
Mkt cap ! $1.227B
Open High Low Value Volume
$5.33 $5.33 $5.12 $1.913M 369.4K

Buyers (Bids)

No. Vol. Price($)
1 9397 $5.14
 

Sellers (Offers)

Price($) Vol. No.
$5.18 7782 2
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
SLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.