The trading bots (algorithmic trading) are hitting PDN and SMM hard this morning. This is on the heels of Paladin's announcement of over a million shares gone their way from SMM shareholders who have caved in.
Most likely scenario is one or two big brokers acting on behalf of Paladin to but SMM shares using the bot method, and/or another big broker or two buying Paladin shares that way.
Wouldn't it be ironic if Summit or Areva were buying Paladin shares....? ;) Heheh :)
bot trading pdn and smm
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 (20min delay)
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $3.608M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $228 | 65.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 24020836 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5696998 | 11 |
View Market Depth
| Last trade - 11.54am 13/11/2024 (20 minute delay) ? |
| SMM (ASX) Chart |