The dividend is only 3c, so I doubt if that would be having much effect.
I suspect also, as Blockhole mentioned, that it may have something to do with the TPG-internet(TPM) takeover offer of PIPE networks.
Maybe iinet is eyeing off TPM as a possible acquisition ???
But what ever it is, the market seems to like it.
Still I have no idea of what the bot is trying to do.... anyone ?
--Dan