WKT 2.33% 10.5¢ walkabout resources ltd

Still the Best, page-216

  1. 5,707 Posts.
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    Anyone else watching the trading closely? More specifically the closing auction today?

    There was a bit over 100k shares buying at 0.009 and a bit over 200k on the other side selling at 0.008c meaning that it would close at 0.008c.

    Someone then put in another order on the buy side at 0.009c to make the total of both of the two buy orders 831,111. As soon as that happened, instantly on the sell side more sells appeared that added up to 831,112 - one more share selling at 0.008c then the amount of shares buying at 0.009c meaning that it would close at 0.008c by 1 share.

    Shortly after that, one of the buy orders disappeared but the total of the remaining order miraculously changed its total to the same number of 831,111.

    Looks like there is a bot automatically matching the orders on the buy side and putting in 1 more share for sale on the sell side to make it close a tick down.

    I've added a few more shares recently at 0.009c so thought I'd test this bot today by putting in an order for another 200k shares in the closing auction to see if it matches it on the sell side and beats by 1 share and therefore closes it at 0.008c which means I'll get my additional 200k at 0.008c. I thought, if it doesn't then I'll happily add 200k more to my pile at 0.009c and if it does then even better and I'll add to the pile at 0.008c. As soon as I put my order up for 200k at 0.009c, the sell side again miraculously increased by the same amount meaning that there was 1 more share selling at 0.008c than there was buying at 0.009c and that it would close at 0.008c. So I added to my pile at 0.008c today.

    Looks like major games being played which is always a good sign and has some sophisticated parties interested (and why wouldn’t they be interested ).

    Keep an eye on tomorrow's closing auction and the following days and see if the same thing keeps happening (but the sad sods are very likely reading these posts and might change their tactics - get the popcorn out I guess).

    Fun fun.

    Cheers,

    GB.
 
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11.0¢ 11.0¢ 10.5¢ $21.84K 201.4K

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12 604881 10.5¢
 

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Price($) Vol. No.
11.0¢ 224492 6
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