WA1 2.11% $12.99 wa1 resources ltd

Do you have any speculation what’s behind this kind of action?...

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  1. 138 Posts.
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    Do you have any speculation what’s behind this kind of action? It’s clearly an impactful selling strategy, hammering the book for 10k shares in a few seconds, once per hour or so - I can’t see why anyone optimizing sale price would adopt such an approach vs. something more passive like vwap. It could be forced liquidations, I suppose, but the regularity of it seems unusual.
 
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Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
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