BUY BOTS can't be bad if I suppose you don't mind your company doing a capital raising and eroding the value of your investment in the short term ... I suppose this would only be a concern if you are a trader.
BUY BOTS can be instigated either by management or a third party to put subtle upside potential on the share price to encourage other buyers to carry the SP higher. It is usually done prior to a capital raising ... I see they are working hard this morning. See below. Carried SP from 38.5c up to 40c with 176 shares. A subsequent 4 bot buys have also followed ...
11:09:18 AM 0.400 161 64.400 (BUY BOT 5)
11:04:21 AM 0.400 9 3.600 (BUY BOT 4)
11:04:06 AM 0.400 145 58.000 (BUY BOT 3)
10:59:22 AM 0.400 9 3.600 (BUY BOT 2)
10:59:04 AM 0.400 176 70.400 (BUY BOT 1)
10:53:50 AM 0.385 4,791 1,844.535 XT
10:51:11 AM 0.385 5,289 2,036.265 XT
confirmation of funding, page-32
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $27.04M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 0.9¢ | $82.41K | 7.908M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 5366617 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1393143 | 4 |
View Market Depth
| Last trade - 15.52pm 06/08/2024 (20 minute delay) ? |
| AEV (ASX) Chart |