CER 0.00% 32.0¢ centro retail group

10c buyers can whistle dixie

  1. 229 Posts.
    So far there have been 47 sales at 10c. 44 of them are obviously bot trades. Can't see anyone wanting to buy at 10c getting anything except a drip from the bot every few minutes. The real trades are occurring at 10.5c
    The 10c trades are shown below. Average $309 per trade.
    145
    193
    193
    193
    193
    1295
    1559
    1902
    1902
    1902
    1902
    1902
    1902
    1902
    1902
    1902
    1902
    1902
    1902
    1902
    1902
    1902
    1902
    1921
    1921
    1921
    2093
    2093
    2093
    2093
    2283
    2283
    2283
    2283
    2283
    2473
    2664
    3044
    3044
    3044
    3615
    3835
    3835
    3835
    9528
    12620
    17380
    20000

    The 10.5c trades below average $3100
    10
    40
    83
    285
    722
    916
    3811
    3811
    4377
    4378
    5000
    5500
    5706
    6000
    8000
    8001
    18000
    20402
    26500
    27242
    27333
    30000
    30000
    30362
    35463
    64598
    66878
    71588
    129294
    133122
    150000

    My take on the bot is that it is trying to give the unsophisticated owner the view that there is selling pressure by keeping the last sale at 10c and hope they will bail out.

    But it doesn't seem to be working. The only 10c seller is the bot! The 10c buyers can whistle dixie for their 2M shares.
 
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