QHL 1.72% 29.5¢ quickstep holdings limited

sp (course of sales) one for cd...., page-2

  1. 1,226 Posts.
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    phantom,

    This is bot (robot) trading where the bot is programmed to buy or sell at a certain rate of time and normaly a small amount of stock. They are a bit hard to fathom out as to their motives, whether to move it up or down, but one tip I can give you is that when the bot accelerates, you know something big is about to happen.

    Most people here consider them a pain and they can stall any move up or down.

    Why would you want to use a bot? Either to hold a price down so you can accumulate or as a means of bringing up the bid so you can dump a load of stock.

    Of course, there are 100 other reasons and I guess we'll never ever get to the bottom of it. I have previously fought a bot 30 shares at a time and all it got me was a please explain from ASX so you can't win.

    On QHL we have a consistent not bot seller (Invest One) so this is a lot more obvious. I suspect they are more than 50% out now.

    Hope this helps.

    CD
 
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(20min delay)
Last
29.5¢
Change
0.005(1.72%)
Mkt cap ! $21.15M
Open High Low Value Volume
30.0¢ 30.0¢ 29.5¢ $5.487K 18.32K

Buyers (Bids)

No. Vol. Price($)
1 3562 29.5¢
 

Sellers (Offers)

Price($) Vol. No.
33.5¢ 3336 1
View Market Depth
Last trade - 15.53pm 22/08/2024 (20 minute delay) ?
QHL (ASX) Chart
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