No, I'm thinking of a much larger order than 100k. Right now you can buy 564,543 shares at 0.295 in one hit. If the total order is less than that then obviously you wouldn't bother doing it piecemeal. But suppose the order is for 5 million at a price no higher than 0.30. If you buy everything up to 0.30 in one hit, the next sell order will be at 0.305 and buy orders will appear at 0.30, so you can no longer buy at 0.30. IOW, your impatience has raised the price.
Anyway, I've already doubted my own theory because the parcel size is too small for the total volume. In fact, I think I'm probably wrong, so you don't need to convince me that it might be complete BS. But the broker doing it must have a reason. What do you suggest?
Pezz
WMT
western metals limited
