PRX 0.00% 0.3¢ prodigy gold nl

If the buyer or seller is real, I'm happy for a bot/algo to take...

  1. 929 Posts.
    lightbulb Created with Sketch. 102
    If the buyer or seller is real, I'm happy for a bot/algo to take advantage.

    However if both buyer and seller are bots AND they are the same ones day in, day out then that becomes manipulation IMO.

    What do they have to gain? Drop the price one pip? They are not making any profit in the transaction.

    Look at the volume though, 3,143,031 shares traded of which 700,000 (22%) I would call a suspect trade. What does that do to a whole array of TA based on volume and whether the price closes up or down?

    It makes a mockery of price discovery.

    Still, at least it means ABU is on the radar of someone :-)

    Bring on the next announcement, maybe we can get that resistance line up to 3.2c and turn it into a support line!
 
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Mkt cap ! $5.294M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $875 350K

Buyers (Bids)

No. Vol. Price($)
6 7425864 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 19855356 21
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Last trade - 11.54am 27/08/2024 (20 minute delay) ?
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