Robots like to do the 1 unit trades. There are 2 reasons that appear to me:
1. To make the price appear higher/lower.
2. To incur your brokerage fee in full, for only a 1 unit fill, so you feel more motivated to increase your bid to get a full fill. So if they were a seller, then they might sell 1 unit to you at $1.69 in the hopes that you'll up your buy to $1.70.
Short Squeeze on Sale of Neuva Esperanza or 1st Gold pour, page-253
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Last
$1.69 |
Change
0.035(2.12%) |
Mkt cap ! $436.8M | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.76 | $1.67 | $548.2K | 319.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5573 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 1658 | 3 |
View Market Depth
| Last trade - 11.13am 16/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |