TOX tox free solutions limited

There is a very blatant bot pushing the price down this morning....

  1. 5,802 Posts.
    lightbulb Created with Sketch. 97
    There is a very blatant bot pushing the price down this morning. It was working yesterday too - every time there was a trade, the bot would come in with a tiny bot-trade but a couple of cents lower, with yesterdays being almost all marked as XTs - buying and selling to itself.

    Today, it is at it again, with tiny trades of 14 and 7 shares at a time. Pushed the porice down each time, from 2.60, to 2.55, then 2.52, then 2.51

    Not sure what the bot is trying to achieve - there is not a lot of net turnover, so I'm not sure whether it's buying or selling overall, but usually when they push the price down, it is in order to buy at a lower VWAP for the day.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.