It's pretty difficult to determine what any machine trading is trying to do by looking at an individual trade. It assumes there's only one person, or organisation deploying machine trading on any individual. share. The transaction you point out looks like an accumulation manoeuvre, which is interesting. Could be we have competing algorithms, one selling and one accumulating. If you were buying, and you knew there was a big holder selling the accumulator could be making out like a bandit.
Ayway, like I said, without understanding the logic, or number, of machine traders at work it's pretty difficult to do anything but guess their motives.
It's pretty difficult to determine what any machine trading is...
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Last
$1.31 |
Change
0.020(1.55%) |
Mkt cap ! $217.2M | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.31 | $1.26 | $71.25K | 55.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 5950 | 3 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$1.31 |
Change
0.020 ( 2.18 %) |
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| Open | High | Low | Volume | ||
| $1.30 | $1.31 | $1.26 | 10789 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| RAC (ASX) Chart |