I agree with your position.
But the ASX will not ban algorithm trading.
They should to make 'a level playing field' as per your post, but I don't hold high hopes for that to happen.
The ongoing market manipulation saga, page-4
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Last
1.5¢ |
Change
-0.001(3.23%) |
Mkt cap ! $121.9M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $24.16K | 1.598M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 9288986 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 2784680 | 8 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| PCL (ASX) Chart |