AFG 1.08% $1.41 australian finance group ltd

bots buying, page-3

  1. 3,062 Posts.
    aceisevil----they are trying to accumulate on the spread cash or shares,they have to make a living cover costs etc.

    now for fun today i tried playing,which is difficult on this spread,my average cost after settlements on a residual of 1500
    was 0.418 ,that is after costs,and is .002cents lower than the low of the day,their trading costs for brokerage are bulk rates,i am not privy to their fees,but the rates are significantly lower than my $30-00 per parcel.

    they are able to trade for lower brokerage,but the platform they were using today is sophisticated,staffed and those operating costs are covered by the spread,acheived when worried equity owners sell.


    so i hope this helps ,lots of stocks are managed by these systems, for my own part i would like to learn enough to take my cut from them,its all about the spread and how many units of stock you wish to hold
 
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Last
$1.41
Change
0.015(1.08%)
Mkt cap ! $381.7M
Open High Low Value Volume
$1.40 $1.41 $1.39 $115.5K 82.60K

Buyers (Bids)

No. Vol. Price($)
2 588 $1.41
 

Sellers (Offers)

Price($) Vol. No.
$1.41 2038 4
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Last trade - 10.48am 28/06/2024 (20 minute delay) ?
AFG (ASX) Chart
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