"Erm... what is the bot constrictor?" = Robotic trading that has strangled the upward movement of BPT shares. Also the Bank of America regularly buy and sell big amounts. Also known as the BOA Constrictor. They have had their coils around BPT for years.
Hellyeah is particularly paraoid of them and suspicious of any upwards momentum in the SP. I'm eternally optimistic, Helly is eternally pessimistic, but he makes profits by following the inevitable rise and fall. If you cant beat em, join em.
My question was whether a ASX100 company could/should have its SP controlled by BOTs. At what market cap can a company shake off the bots, if at all.
"Erm... what is the bot constrictor?" = Robotic trading that has...
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Last
$1.11 |
Change
-0.025(2.21%) |
Mkt cap ! $2.520B | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.14 | $1.09 | $9.538M | 8.626M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 94545 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 199949 | 8 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| BPT (ASX) Chart |