I think you will find a lot of the newer SMSF and smaller private investment platforms are now using a buying process which seeks to pool purchases over the day and do high frequency style trading patterns - you usually end up around the vwap for the day. Not sure but think a friend said he is on the HUB24 platform and it accumulates shares in this fashion.
Suppose it mirrors the daily average prices.
On another issue - why is it climbing today? and on good volume again? Any ideas?
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I think you will find a lot of the newer SMSF and smaller...
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