The instos and their algo/bots are all over ARS and trading it anyway they want at present.
The bottom line is, they will try and shake out retailers (by trading the SP down) and then accumulate at low cost, then they will trade it up, and then repeat. This will continue until ARS release news which will cause a re-rate of SP, i.e. contract for toll treatment of Tims Find ..........but then the algo/bots will do the same again, welcome to the new normal.
This goes on all over the ASX
ARS Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
