I don't know but it doesn't seem to have worked too well.
Although ADT has been threatening to breakout for a while.
BTW I don't think they set the buy orders at 1 share this it an automated small (sequential) buy that was subdivided to a number less than 1 share and rounded up to that. I do not think that the bots are there to manipulate the share price per se. I think they are set to buy or sell in small increments over a time frame. Iif the liquidity in the share isn't there then it transacts on what happens on the time triggers (subdivided by the anmoutn it is set to transact).
I certainly dont like it but now I benefit from the liquidity. You have some retailers tight as a fish. They get triggered to +/- not s(h)it or get of the potty.
All IMVHO.
I don't know but it doesn't seem to have worked too well....
Add ADT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.51 |
Change
-0.130(2.80%) |
Mkt cap ! $1.161B | |||
| Open | High | Low | Value | Volume |
| $4.64 | $4.64 | $4.42 | $4.404M | 968.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 880 | $4.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.54 | 360 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$4.51 |
Change
-0.130 ( 1.71 %) |
||||
| Open | High | Low | Volume | ||
| $4.62 | $4.62 | $4.43 | 209658 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| ADT (ASX) Chart |