BOT 1.47% 33.5¢ botanix pharmaceuticals ltd

BOT - Anything but charting, page-5756

  1. 17,231 Posts.
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    They're not necessarily doing that, they're most likely distributing orders. There's likely more than one bot trading this so multiple small orders are not necessarily connected.

    Not sure a trading strategy like the one you describe fits the criteria of manipulation either. Keeping prices where they are is very different to artificially pumping/dumping the price. A small sell order after a large buy is not moving prices, all it is doing is hiding the fact they made an order. For institutions, an important reason for distributing orders is to prevent other traders from understanding their intentions (to prevent front running etc.).
 
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Last
33.5¢
Change
-0.005(1.47%)
Mkt cap ! $608.8M
Open High Low Value Volume
33.5¢ 34.3¢ 32.5¢ $1.200M 3.588M

Buyers (Bids)

No. Vol. Price($)
6 349093 33.0¢
 

Sellers (Offers)

Price($) Vol. No.
33.5¢ 25403 5
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Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
BOT (ASX) Chart
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