RAC 6.45% $1.65 race oncology ltd

RAC - Charts & Price Action, page-493

  1. 8,287 Posts.
    lightbulb Created with Sketch. 1364
    Good question.
    I don't know the answer.

    I think the bot is programmed to take a nibble of the highest limit order. The bot doesn't pay brokerage. But the investor already has to pay the minimum brokerage and they may think "now I may as well change the price and get the whole order over and done with and the brokerage won't be much different for the whole order".

    The solution is to either just ignore bots or beat them at their own game.
 
watchlist Created with Sketch. Add RAC (ASX) to my watchlist
(20min delay)
Last
$1.65
Change
0.100(6.45%)
Mkt cap ! $274.5M
Open High Low Value Volume
$1.65 $1.75 $1.61 $687.0K 410.0K

Buyers (Bids)

No. Vol. Price($)
1 3047 $1.65
 

Sellers (Offers)

Price($) Vol. No.
$1.70 18354 2
View Market Depth
Last trade - 16.10pm 14/05/2024 (20 minute delay) ?
Last
$1.67
  Change
0.100 ( 8.61 %)
Open High Low Volume
$1.64 $1.73 $1.63 33428
Last updated 15.54pm 14/05/2024 ?
RAC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.