ADO 0.00% 1.9¢ anteotech ltd

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  1. 8,902 Posts.
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    That would be nice RB. Nowever, at 21 Aug the top 20 held 33% and Top 200 [more like top 1## with combo accounts] have been relatively stable. Nominee accounts don't really register. So algo trading IMHO a byproduct of low volume supply & demand. Now in the Top200 some are playing the pip margin game as they wait - and probably would by nature offload to free holding amounts on any rise. However, a TO would need volume to make a move. That by itself would trigger an SP rise. Given that 33% block, additional significant loyal 100[plus] SH, Company structure, and the opportune ASX Day Traders - would be most difficult to keep a lid on any final offer.
 
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