I’m really not sure you are correct . They have computers installed near the ASX that allow professionals to plug in with the ability to trade in split seconds. Really high speed stuff. Whilst it appears to be the same second, that second has time zones. That is why you see the big trades last.
You can bet this high speed algorithm trading is rigged against you
Have you ever noticed if you put in a trade and a centre point transaction occurs that is high speed trading., Retail investors get clipped every time. The High Speed Algo trader can see you buy/sell coming thru and beat the retail traders.
That is why you can watch for hours and see the buy/sell stack remain still but during that time millions of shares can trade. The high speed traders are buying/selling the at market type bids.
I hope you understand my explanation. It’s complex. You can be certain you’re losing on these trades. They shake down retail traders all day for fractions of cents per share. ASX loves it.
I’m really not sure you are correct . They have computers...
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Last
8.2¢ |
Change
-0.003(3.53%) |
Mkt cap ! $600.2M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.6¢ | 8.2¢ | $1.246M | 14.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 446526 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 535664 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
8.2¢ |
Change
-0.003 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| 8.6¢ | 8.6¢ | 8.2¢ | 4518456 | ||
| Last updated 15.57pm 03/05/2024 ? | |||||
| IMU (ASX) Chart |