"...explain why and for what purpose bots buy..."
Simples*, it is for moving price up or down for day traders and manipulation for institutional or heavy investors, but that may be a stretch as institutions sometimes buy off market, so may not be applicable.
* as Alexander would say
ASX Today, page-2502
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Last
65.0¢ |
Change
-0.060(8.45%) |
Mkt cap ! $1.576B | |||
| Open | High | Low | Value | Volume |
| 70.5¢ | 71.0¢ | 65.0¢ | $9.671M | 14.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 595095 | 65.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.5¢ | 40000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |