The institutional investors use computers to Bot Trade small share amounts throughout the day relentlessly. The trading style is very shallow with no big buy or sell sides. If you had some deep.pockets you couldn't buy a big parcel without sending the price soaring so that would sort of negate it being undervalued.
they also play handball hitting stop losses and driving the price where they want it. Today was an exceptional example of their craft. 4.5M shares traded but a huge drop followed by a huge rise to finish almost back where we started. The majority of the trades in the hundred share volume.
have a look at the ongoing rise in insto holding vs retail holding to understand how good they are at it
cheers all. Not selling a one of them
The institutional investors use computers to Bot Trade small...
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.08 |
Change
0.010(0.94%) |
Mkt cap ! $415.2M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.09 | $1.05 | $1.127M | 1.056M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 18365 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 961 | 4 |
View Market Depth
| Last trade - 13.38pm 29/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |