BOT Trading makes a complete mockery of the ASX!
The old saying "Supply and Demand will determine fair value" becomes a ridiculous joke when the ASX and ASIC continue to allow the market manipulation by snotty nosed traders at the institutions using BOT trades to manipulate the market to their benefit!
Accent this morning have
543 Buyers for a total volume of 2,403,577 shares, compared to :-
109 Sellers for a total volume of 582,713 shares.
Given those stats one would expect our share price to rise today, but NO it has dropped due to the BOT trading.
I'd like to be given the opportunity of playing that game but NO, i would have to pay for every single trade whereas the institutions only pay ONE brokerage fee at the end of the days trading.
Supply and Demand
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Last
$1.96 |
Change
-0.040(2.00%) |
Mkt cap ! $1.103B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.01 | $1.92 | $5.342M | 2.730M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3212 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.96 | 94610 | 2 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| AX1 (ASX) Chart |