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78.0¢ avz minerals limited

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Amateur27

176 Posts.

36

12/03/21

17:48

Post #: 51730510
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Originally posted by Chillaxed: ↑

Volumes are low and buyers absent because of the Bot. Buyers dont want to buy at 19 knowing the Bot will immediately drop the SP a pip within a second to 18.5

Then because of this stifled pattern created by the Bot.....Sellers either get frustrated knowing the Bot will not let the price increase.....or they want to protect capital fearing the Bot will continue to drop the SP like a staircase and then dump into the lower bid before the Bot takes it even lower.

The pattern of cranking this lower step by step is definitely manipulation and is only because of the Bot.

If the Bot was not actively manipulating the SP, imo we would be sitting 25-28 right now on the basis of the 2 offtakes already concluded and the run up for the next 3 offtakes and the fact Nige is ticking boxes and getting on with it.

Pointy End now and the manipulator/s know it.

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Question! If what you're saying about BOT is true, why ASX or ASIC not stepping in? Are these kind of stuff always done to stocks in general?

AVZ Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
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