No! This is a financial institution using a computer program to place lots of small orders in a programmed way to buy or sell in a controlled way. They pay brokerage on a different basis (i.e. on the day's trading as opposed to per order). It gets really interesting when you see these programs on both sides because they are not very good at dealing with each other.
ASIC monitor this sort of activity to ensure that a particular BOT trader stays on only one side. It is illegal to trade with yourself in order to move the market.
LOM Price at posting:
49.3¢ Sentiment: Buy Disclosure: Held
