KFM 0.00% 6.0¢ kingfisher mining ltd

Ann: Significant Clay REE Mineralisation Confirmed at Mick Well, page-34

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  1. 2,238 Posts.
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    depends on the platform that they use. My ANZ online account (punting account) often picks up those sort of prices. The price isn’t the telltale you look for, it’s the frequency of very small lots followed by higher volumes. 1000 shares is not going to be a high frequency trading amount unless it was rapidly (think almost instantly) by descending amounts that trigger a large volume that’s a stop loss. Have a look through the days trade and you’ll see quite clearly how a descending algo bot has been at work.

    I’m sure someone will also post broker data at some point, that’s useless info as well. All it does is show who cleared the trade, not who placed it. I always see all these claims that UBS or Citi are now on the register etc.. big difference between clearing house, broker, custodial platform and beneficial owner. Q-Super offers a self managed share platform that clears through UBS so the broker data says UBS bought the shares. Clearing house is UBS, custodial platform is Q-Super and beneficial owner is some punter from wherever.. pointless knowing the final piece.

    anyway, before I start some incoherent ramble that will probably end up as a discussion about cricket or fishing… there are definitely bots at play right now on KFM, that’s a good thing as it means that at least 2 decent sized accounts are trying to get a position. I have no idea about REE or ionic clay etc so I’ll stay out of those conversations, totally out of my depth.

    good luck mate and hopefully we all make some money!
 
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