SDL 0.00% 0.6¢ sundance resources limited

But you didn't answer my question. If the whole idea of bot...

  1. 3,728 Posts.
    lightbulb Created with Sketch. 2
    But you didn't answer my question. If the whole idea of bot buying is to accumulate in a subtle manner as to not cause a buying frenzy then why do it in an obvious manner by having the same sized parcels each time?

    On the other hand are they assuming most won't notice the frequent bot buying as most just notice price movements, not parcel sizes? I just think that if I was in their position I would use a little imagination and vary the parcel size each time as well as the time of the buying. By doing that you're not given out clues that accumulation is occurring and be able to buy up without the price rising unnecessarily.

    If the bot buying is genuine and not a ploy to screw with our heads then good for us holders!
 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.