CER 0.00% 32.0¢ centro retail group

the 193 bot

  1. 229 Posts.


    The sale every few minutes of unmarketable parcels of 193 or 1902 or 2093 shares at 10c ea has the effect of showing a last sale of 10c always. So any of the sales at 10.5c are 'hidden'.

    So far today there has been about 60,000 shares change hands at 10c, and around 450,000 @ 10.5c. But the last sale is almost always 10c, trying to shake out the nervous holders.

    Only makes sense if the bot operator is in the market for large parcels at 10c.
 
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