bot: automatic computer trading via various algorithms. When combined with high frequencey trading it can lead to a severe price manipulation. It should be banned - and it is easy to ban it by disabling brokers from buying miniscule packages like $1 worth or so without std transaction fees. We retail traders need to pay that $10 ... $30 per trade - they don't. ASIC should have banned this practice but they probably would never do that because too many big fish earn heaps of money that way.
As for IO : it will keep falling - just read what;s happening in the world with new mines coming to life - also in South America - they will build new rail to push ~ 100m tons of IO at costs comparable to RIO's. So imagine what thhis will do to IO price. That's why I keep saying that IO stocks are toxic and extreme risk right now.
bot: automatic computer trading via various algorithms. When...
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Last
$3.63 |
Change
0.010(0.28%) |
Mkt cap ! $1.659B | |||
| Open | High | Low | Value | Volume |
| $3.64 | $3.68 | $3.62 | $3.046M | 837.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 11163 | $3.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.64 | 1562 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| NWH (ASX) Chart |