Algo trading seems to be endemic at the spec end at the moment - it's everywhere I look. The conspiracist in me likes to think that perhaps this downturn in the spec battery metals sector especially, is obviously in part due to a slump in the underlying commodity prices and the oversupply narrative that goes along with that, but has also been aided by a concerted effort to drive sentiment down using bots etc. Hopefully we see some relief in the coming weeks and months as sentiment begins to turn up again (which I believe is already taking place).
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