LPD 0.00% 0.2¢ lepidico ltd

It's high frequency trading algorithms, otherwise known as bots....

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,237 Posts.
    lightbulb Created with Sketch. 4001
    It's high frequency trading algorithms, otherwise known as bots. Used by institutional investors and broking houses that have direct access to the markets, so they don't pay brokerage.

    I can't figure out what this one is trying to do selling every minute or every few seconds now. They're normally there to test how the market reacts to small moves in the share price, but this is too frequent for that.

    Maybe it's trying to establish some kind of average across the day? Make it look like there was a lot of trades at 4.2 as the average price. Dunno why.

    Also, there's a "Running commentary on share price" thread around here that's probably better for this type of discussion. Please try and keep each of the threads distinct. Makes it easier to find stuff later.

    And there's a lot for good stuff in these threads.
 
watchlist Created with Sketch. Add LPD (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $17.17M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $1.556K 777.8K

Buyers (Bids)

No. Vol. Price($)
77 68375793 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 78344741 51
View Market Depth
Last trade - 15.16pm 18/11/2024 (20 minute delay) ?
LPD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.