EXR 0.00% 7.1¢ elixir energy limited

The bots have been pushing the price down all week, particularly...

  1. 1,886 Posts.
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    The bots have been pushing the price down all week, particularly on close it's been very evident and the VWAP has been falling all week. Out of interest, if you'd accumulated a few million last week at the weekly VWAP of 30.4c, you could have dumped the lot this week for a VWAP of 31.8c.

    What would have been a great play was if you dropped a few million on Monday (VWAP 32.5) and then spent the rest of the week pushing the price down - these were most evident on Wednesday. Pick up a few more million ahead of the announcement (which I guess will be next week) - stop all selling pressure until then and set your bot to push the price up on close.

    That will push the price up all week - which will inevitably lead to talk of a leaky ship ahead of the expected update causing more buying, let the price go up even more on the morning of the announcement (if the update is promising and showing good progress), then dump your shares, set the bot to push the price down and start all over again.

    Let's see if the bot is pushing the price up or down today, then we can test my theory as the week progresses.
 
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7.1¢ 7.2¢ 7.0¢ $39.34K 554.7K

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Price($) Vol. No.
7.1¢ 173999 1
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
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