aceisevil----they are trying to accumulate on the spread cash or shares,they have to make a living cover costs etc.
now for fun today i tried playing,which is difficult on this spread,my average cost after settlements on a residual of 1500
was 0.418 ,that is after costs,and is .002cents lower than the low of the day,their trading costs for brokerage are bulk rates,i am not privy to their fees,but the rates are significantly lower than my $30-00 per parcel.
they are able to trade for lower brokerage,but the platform they were using today is sophisticated,staffed and those operating costs are covered by the spread,acheived when worried equity owners sell.
so i hope this helps ,lots of stocks are managed by these systems, for my own part i would like to learn enough to take my cut from them,its all about the spread and how many units of stock you wish to hold
- Forums
- ASX - By Stock
- AFG
- bots buying
bots buying, page-3
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AFG (ASX) to my watchlist
|
|||||
Last
$1.59 |
Change
-0.005(0.31%) |
Mkt cap ! $429.1M |
Open | High | Low | Value | Volume |
$1.58 | $1.59 | $1.56 | $302.3K | 192.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3248 | $1.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.59 | 368 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3248 | 1.570 |
3 | 3712 | 1.565 |
2 | 816 | 1.560 |
1 | 732 | 1.555 |
1 | 913 | 1.550 |
Price($) | Vol. | No. |
---|---|---|
1.585 | 368 | 1 |
1.590 | 16338 | 3 |
1.595 | 6915 | 3 |
1.600 | 720 | 1 |
1.605 | 720 | 1 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
Featured News
AFG (ASX) Chart |