Renergen General Discussion, page-3301

JSE trading today was interesting

JSE was dead today by comparison to previous days

First 30 minutes - 4,000 shares traded
After 2hrs - 40k

Apart from the bot selling and feeding the machine, it doesn't appear that there are any real sellers

Someone caught onto the bot trying to limit price moves and used that to accumulate today (also yesterday)

The bot trying to hold the price below 1250 for most of the day

Couple of noticeable trades that made it look more active than it really was
11:09 - 60k - price 1250
14:37 - 140k - price 1270 (didn't see a sell wall on the screen so not sure about the nature of this trade)
16:02 - 54k - price 1266 (didn't see a sell wall on the screen so not sure about the nature of this trade)

The bot was losing today and bleeding too many shares trying to contain the price

Not much action during auction
VWAP 1260
Volume 439k
Last trade 8504 shares price 1264