Im far from an expert on the BOT approach but from experience with many other shares, the BOT tends to be used by DT's as a form of accumulation by way of slight manipulation. Im pretty sure their buy/sell orders still have to join in the buy/sell line but when they do line up, they clog up the trading with small parcel transfers. Essentially from one hand to the other. This has the effect of slowing down a rise or fall of price whilst buys and sells stack up on either side waiting their turn. This gives the day trader the chance to make the most of the volume now available to trade. It can work in both directions depening on the desired effect.
SHE has been off the radar until now. For those of us that are long termers and see huge value in this company, DT manipulation by way of BOT trading doesnt really impact, so dont stress too much. Let the DT's fight amongst themselves. When its all said and done it means there are finally more eyes on our wee "penny dreadful" and I think that is a good thing.
We have such a good story and we are very much still at the blunt end. Onward and Upward....... and not too far away. Good luck to those that believe and hold..... and buy :)
- Forums
- ASX - By Stock
- bot about
Im far from an expert on the BOT approach but from experience...
Featured News
Add SHE (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.844M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 48637 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 802674 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 48637 | 0.009 |
4 | 1387567 | 0.008 |
10 | 4469546 | 0.007 |
8 | 4087567 | 0.006 |
2 | 1000000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 802674 | 3 |
0.011 | 522176 | 2 |
0.012 | 750000 | 1 |
0.013 | 100000 | 1 |
0.014 | 850000 | 1 |
Last trade - 10.30am 01/07/2024 (20 minute delay) ? |
Featured News
SHE (ASX) Chart |
Day chart unavailable
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online