Y would they wanna screw other frequency trading algorithms?
What would be their motives ?[/QUOTE]
No takers Genie? I'm not qualified to answer your question but what I do look at is the price action (buy/sells) of BRN.
I suggested last Friday that without news we may be in for a very low volume day today which pretty much played out. Only 750,000 shares traded on ASX until auction.
At the moment 28-28.5c looks like support with very few bailing out and very few significant buys. We are at an impasse where the price will either drop (frustration with no news) or rise (possible exhaustion of sellers at the 28.5c level). We all hope that it will be the latter and tomorrow will tell the tale.
Just my 2c worth.
BRN Charting, page-455
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.5¢ | $656.1K | 3.281M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 364081 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 1348618 | 18 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |