Mate no disrespect but you are absolutely high on crak if you think Nigel and co are gonna try and come up with a plan to combat algorithmic trading , for starters it’s rife on the ASX and all other markets , secondly there’s not a hope that ASIC or anyone else will do anything about it ,
Thirdly if there was any interest in the stock the bots would be absolutely useless , There’s just no buyers at the minute ,Why can’t people get this into their heads ,,if the bots went away we would still be at 18-19 cents ,, the bots start every day at 11ish , it’s not as if we open in the morning and power to 20-22 cents and then the bots smash us down , Fact is we are stuck in the mud all day bots or no bots ,
And lastly I would prefer if Nigel and co would work on getting the next Ann out ( which assume that’s exactly what they are at ) instead of starting on a witch hunt after a few bots ,
Have a good weekend all , forget about the bots , and look forward to the next non China OT
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