All I can say, ElectricWebby, is that at least Reed owners were keen on belting up the SP but that's an unhelpful comment. It does show that SP can improve and it ought to.
Could it be that Metals X are botting down and down to keep RDR as a cheap TO? Or is the botting a short seller
or.....another thought this morning which is probably well-known but new to me.....
are the bot traders currently pushing the price down so that they can climb about and ride up again? This could be the reason for the botting. I see now, if you set up a bot it sells down and down slowly so that you get your profits out slowly, preserve your capital and start again, and when it goes up a few cents, down you slowly go again.
Immoral perhaps? Well, maybe we should decide when the bots are moving up again to hop in and trade too? Because I won't be in a stock that is being botted down from now on. I'll hop into a botting up one and sell fast. This is what is happening perhaps? If we can't beat them? It would take a pretty strong push to overcome them and people do the trades?
a little flurry of activity, page-22
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Last
7.7¢ |
Change
-0.001(1.28%) |
Mkt cap ! $47.98M | |||
| Open | High | Low | Value | Volume |
| 7.8¢ | 7.8¢ | 7.5¢ | $48.01K | 627.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 127254 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.7¢ | 124977 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NMT (ASX) Chart |