Holding circa 5.2% of the stock they have a fair bit of market control to "shake the tree. It doesn't take them much to gain a good market insight where sell points are particularly with trading and 'hot' warrants. If volumes get thin and there is some uncertainty in the market a fairly fairly good push on short sales is a good starting point. Whatever they do will be quite stealthy.
Its fairly hard to determine exactly how UBS will play the market with A2M however to get a better insight how they apply technology to manipulate the market I have posted 3 links that may be of interest.
https://en.wikipedia.org/wiki/Algorithmic_trading
https://www.theglobaltreasurer.com/2019/05/21/ubs-banks-on-machine-learning-for-algorithmic-trading-systems/
https://www.irishtimes.com/business/financial-services/ubs-trials-netflix-style-algorithms-for-trading-suggestions-1.3594929
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Last
$6.62 |
Change
0.095(1.46%) |
Mkt cap ! $4.774B |
Open | High | Low | Value | Volume |
$6.56 | $6.65 | $6.55 | $2.139M | 324.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 2009 | $6.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.62 | 7847 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 5062 | 6.610 |
24 | 21776 | 6.600 |
20 | 19066 | 6.590 |
11 | 25530 | 6.580 |
13 | 17810 | 6.570 |
Price($) | Vol. | No. |
---|---|---|
6.620 | 5960 | 12 |
6.630 | 11426 | 13 |
6.640 | 22735 | 15 |
6.650 | 10935 | 14 |
6.660 | 30007 | 11 |
Last trade - 10.58am 26/06/2024 (20 minute delay) ? |
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A2M (ASX) Chart |