Good one Jonesy I think the following extract sums it up...
Quote
"I have recently discovered another reason for using a Bot from my broker as I queried certain peculiar trades in the course of sales.
I was advised that certain brokers use Bots to act on behalf of a large investor wishing to accumulate a larger than normal parcel of shares.
In order to achieve this without spooking the market a Bot is setup to continuously buy smallish parcel at a certain limit in price while following VWAP to speed the process. The market in general would be unaware of the accumulation as only small parcels are bought" Unquote
So who is not aware now?
whats going on., page-13
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RHK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
87.0¢ |
Change
-0.010(1.14%) |
Mkt cap ! $173.8M | |||
| Open | High | Low | Value | Volume |
| 87.5¢ | 87.5¢ | 87.0¢ | $3.589K | 4.103K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1795 | 87.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RHK (ASX) Chart |