I don't think the bots are accumulating, I think they're selling. I took a screenshot which I posted earlier this week (on the 19th) where the bots were supporting a closing price at $3.16. It still looks like a controlled sell down by a professional market participant (not retail) where they are trying not to damage the price.
It would be interesting to see some broker data.
I don't think the bots are accumulating, I think they're...
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Last
$1.29 |
Change
-0.015(1.15%) |
Mkt cap ! $213.9M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.35 | $1.28 | $34.20K | 26.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 682 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 1824 | 1 |
View Market Depth
| Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
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Last
$1.31 |
Change
-0.015 ( 0.38 %) |
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| Open | High | Low | Volume | ||
| $1.32 | $1.35 | $1.28 | 9710 | ||
| Last updated 15.59pm 25/04/2024 ? | |||||
| RAC (ASX) Chart |