"Bots are used by the big players to increase or reduce positions. If AustralianSuper wanted to buy or sell a big position, they can't just put a big sell or buy in the market in one go. They get a bot to spread the sale out."
What - 1 or 10 shares at a time? I don't think so, do you?
And if 'they' were ramping the price up with Bots a couple of years ago, it might have benefitted me, but it was not with my interests at heart, but their own.
No, I still say take the Bots out of the equation altogether. Or at least pay a similar brokerage fee on each transaction that we small players must pay on each and every trade. It may be a well worn cliche, but it is not a level playing field under these rules.
GLTAH
"Bots are used by the big players to increase or reduce...
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Last
$3.01 |
Change
0.100(3.44%) |
Mkt cap ! $9.064B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.02 | $2.83 | $89.14M | 30.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 245889 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 76015 | 16 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |