"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
$2.91 |
Change
-0.090(3.00%) |
Mkt cap ! $8.761B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $2.99 | $2.90 | $69.17M | 23.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 68954 | $2.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 1712 | 1 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |