If you get the chance, have a look at today's course of sales. I...

If you get the chance, have a look at today's course of sales. I have been on the bid all morning no more than 12 from the top at $0.34.
I was wondering how such large a volume of trades (not necessarily number of shares) could go through at $0.34 without my bid being hit.
The answer is that nearly all of them are cross trades and they are nearly all for low value.
The ASX has rules about artificially creating perceptions of liquidity and market depth and I suspect these are BOT trades that are having the same effect.
Most interesting however is that nearly all the significant trades (well those over $10k, which is not really that significant) are buys of stock at $0.345.
I think this stock is holding up really well in light of the XT.