If u think about the bots and algorithms used to trade in SMN in small, "non-retail" parcels, retail holders can use such trading to pick off bargains at low SPs and to sell at inflated prices.
If a broker puts too much control and strategy on "tree shakes", a trader be they retail or insto can pick off such bots by buying low to top up or average lower and selling high or skimming to limits/ skimming to diversify IMHO.
It can work both ways.
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Last
56.0¢ |
Change
-0.025(4.27%) |
Mkt cap ! $76.92M |
Open | High | Low | Value | Volume |
59.0¢ | 59.0¢ | 55.5¢ | $22.68K | 40.37K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1788 | 55.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
58.0¢ | 160 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1307 | 0.560 |
1 | 1788 | 0.555 |
1 | 6200 | 0.550 |
1 | 2562 | 0.545 |
2 | 34288 | 0.540 |
Price($) | Vol. | No. |
---|---|---|
0.580 | 160 | 1 |
0.585 | 6968 | 1 |
0.590 | 1136 | 1 |
0.595 | 5000 | 1 |
0.600 | 4144 | 1 |
Last trade - 13.50pm 22/07/2024 (20 minute delay) ? |
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SMN (ASX) Chart |