I watched the bots yesterday as well KIWI, it just about sent me bonkers. There were things going on which can NOT be explained in a rational and legal use of a bot.
However, using them to your advantage where possible is the key. I saw then selling down first thing yesterday so I left my buy at 27.5, even though I would have been happy to buy at 28 which was on offer. With the bot pressure down, I think it helped me fill my order.
The bots and day traders are a fact of life although bots definitely cross the legal line and are undoubtedly used to 'influence' traders which is illegal.
We can expect the bot b@5t@rd5 to ride MEO all the way as the authorities are clearly powerless to do anything about it. Its just too grey an area.
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