For the eccentric statisticians amongst you – like me?
Out of the 1377 trades before 4.00pm today, here are some about thelast
239 trades in the last 10 minutes :
39 wereabove the marketable parcel minimum of $500
Of the remaining 200 – or FIFTEEN % !! of the days’ total trades
a) 83 were below the marketable parcel minimum of $500 downto $100
(Admittedly some of these would make up the balance of an order in the 39
above) = or 42% of these 200
b) The next 56 were between $10 & $100 = = 28% of these 200
c) The last 61 were < $10 – either algo? or BOT? generated = 30% of these 200
So, if the ASX – and the CXA - powers-that-be turn a blind eye to this sort of market activity – presuming their computer programmers have devised methodology to produce this sort of statistical info then IMO they’re not managing a fair market. Agreed?
(BTW – in respect of another cheapie – CLA -
Out of their 1487 trades till 4.10pm today
1323 wereabove the marketable parcel minimum of $500
Of the remaining 164 – traded at below that minimum $500, or ELEVEN % !! of the days’ total trades -
the proportionsa) b) & c) above were significantly < than those of MAY.
i.e. less BOT’s? due not-as-much knowledge about itsexploration activities as MAY’s?)
