question on current low volume buying

  1. 719 Posts.
    Afternoon all :) I've been keeping my eye on the depth of MTU for a while now, and often see occurances like the below happening:

    01:01:25 PM 1.620 4
    12:56:25 PM 1.620 4
    12:48:25 PM 1.620 4
    12:42:25 PM 1.620 4
    12:33:10 PM 1.620 4
    12:26:39 PM 1.620 4
    12:23:09 PM 1.620 4
    12:18:24 PM 1.620 4
    12:16:08 PM 1.620 4
    11:59:05 AM 1.620 4

    So this appears to be people (or the same person/broker/whatever) buying tiny parcels at fairly regular intervals throughout the day. Historically it tends to end with a large purchase towards close that either pushes the SP up or down a fair bit.

    Just wondering what the logic is here :)

    Thanks all
 
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