AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-41049

  1. 3,918 Posts.
    lightbulb Created with Sketch. 1895
    "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"

    I honestly cannot believe what im reading ,, so your saying everyone is holding off buying due to algos in the order book ??if we are at the pointy end as you stated why wouldnt people buy now and get in before all the news flow ?? i mean the bts are keeping it low so doesnt everyone want to top up ???????? theres been algo trading for god knows how long ,,
    Theres no logic in what your saying .

    Theres probably plenty of reasons for the stagnant sp but id say the main reason is there wasnt a huge surge in buyers after the recent ann so everyones on the sidelines waiting to see what happens next !! And why didnt we have a surge in buyers after the recent OT ?? who knows , but it wasnt bots or algos ,,
    What was the volume on the day of recent last OT ??17 million and 5 or 6 million each day after ,, could people see the bots straight away and they held off buying ??? no thats nonsense .
    What was the volumes on the day of the Gangfeng OT ??It was 37 million then the next 2 days were 40 and 56 million !!!!
 
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