I agree with your position.
But the ASX will not ban algorithm trading.
They should to make 'a level playing field' as per your post, but I don't hold high hopes for that to happen.
The ongoing market manipulation saga, page-4
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $138.2M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.7¢ | $12.18K | 716.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 14635745 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 7965010 | 8 |
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| Last trade - 10.55am 31/07/2024 (20 minute delay) ? |
| PCL (ASX) Chart |