There's one type of A.I. that unequivocally rules - stock market "bots" ! The controller of said "technology" which market regulators insist is NOT market manipulation but "market makers" ( LOL - hope you don't have your mouth full when you read this). So, an "entity" that desires a substantial number of shares, will tell " a broker " how much and roughly what price, and then the "broker" will "put out feelers" and also "release the hounds" aka bots, to make sure the SP stays within a certain specified SP window ..... till the position is filled, and then give the bots fresh instructions .... far fetched ??
Once upon a time, one could spot big buyers by volume analysis, but this has become much harder - it's often only seen with the rear view mirror.
One could imagine the volume turnover that would be required if RED gets a big rerate by a major index fund ??
But with the very slow "substantial share notice" mechanism, retail investors will be the last to know.
Once in an "index", it insulates a company's SP, in a rising market where funds "buy the index", but the SP will fall more than seems reasonable if the index falls .... is RED about to get a much bigger index allocation ?? ..... it would be nice to think so.
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Last
37.8¢ |
Change
-0.008(1.95%) |
Mkt cap ! $2.567B |
Open | High | Low | Value | Volume |
38.5¢ | 38.5¢ | 37.3¢ | $1.818M | 4.824M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 952642 | 37.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 925294 | 38 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 847591 | 0.375 |
42 | 1320301 | 0.370 |
17 | 737293 | 0.365 |
17 | 289619 | 0.360 |
12 | 460884 | 0.355 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 913743 | 33 |
0.385 | 677741 | 22 |
0.390 | 1673707 | 29 |
0.395 | 1561995 | 26 |
0.400 | 848651 | 24 |
Last trade - 11.53am 04/11/2024 (20 minute delay) ? |
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