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
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.
CER Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held