I just had a little look at some of the trading today, curious at the SP drifting lower on still relatively low volume (~0.3% today).
To me, it looks like we have a bot working on the sell side, seems to be only trading thru CXA / Chi-X.
Check out the snapshot of trades below. You can see a decent swag of buys at 2.2c, thru ASX… then a mere 2 seconds later our little bot sells a small amount @ 2.1c thru CXA again… It looks pretty obvious to me… any others have thoughts?
I’m sure there are some selling due to chasing other stocks… but I reckon we have someone trying to keep a lid on things…
Or I'm being super paranoid... either way I strongly believe @ under $120m MC we are way undervalued.
GLTA
![https://hotcopper.com.au/data/attachments/3852/3852223-e3f4a26e5b90583bfb883a94eaf560cd.jpg](https://hotcopper.com.au/data/attachments/3852/3852223-e3f4a26e5b90583bfb883a94eaf560cd.jpg)