HAS 1.82% 28.0¢ hastings technology metals ltd

The shorting is done to hide the accumulation and lower their...

  1. 2,555 Posts.
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    The shorting is done to hide the accumulation and lower their entry price. About 10% of daily traded volume is shorted and if you look at the ASX change of holding notices from MUGS/MS they are the ones doing most of the algo trading. I've tested it at end of April when I placed 3 @market orders a minute apart just large enough to reach into what I believed was the capping parcel a few lines down the sell side and each time the bot snapped the rest of the parcel 2 seconds later. Not more & not less then the remaining parcel and each time within 2 seconds so definitely a bot.
 
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Last
28.0¢
Change
0.005(1.82%)
Mkt cap ! $50.63M
Open High Low Value Volume
27.5¢ 28.5¢ 27.0¢ $104.5K 375.7K

Buyers (Bids)

No. Vol. Price($)
1 44 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 84670 2
View Market Depth
Last trade - 15.40pm 22/08/2024 (20 minute delay) ?
HAS (ASX) Chart
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