bot: automatic computer trading via various algorithms. When...

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.