AVZ 5.88% 4.8¢ avz minerals limited

AVZ chart, page-113

  1. 2,319 Posts.
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    Can anyone explain this depth to me? What value does anybody get from these bots?

    I would understand if the bot was set to instantly buy a small packet either side of the last trade to influence the SP, i.e. to mask the outward appearance of the SP despite what the trades are saying - but even this tactic would be defeated by anybody who cares to look at the depth/trades.

    But when a bot buy another package shortly after its own purchase it gains... what advantage? Who out there is benefiting from these trades? To me it seems the same outcome could be achieved with only one purchase.

    Or are there ratios it affects i.e. influencing the 'total trades' to provide a false sense of fluidity? Is trades looked at more than volume in any circumstance?

    Appreciate anybody who might be able to offer advice here - I see a lot of people posting about bots complaining, but I don't see the impact let alone any 'harm' caused?

    Thanks in advance.
 
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Last
4.8¢
Change
-0.003(5.88%)
Mkt cap ! $110.5M
Open High Low Value Volume
5.1¢ 5.1¢ 4.8¢ $479.3K 9.688M

Buyers (Bids)

No. Vol. Price($)
13 1802485 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 559246 2
View Market Depth
Last update - 16.10pm 16/07/2019 (20 minute delay) ?
(live)
Last
4.9¢
  Change
-0.003 ( 2.00 %)
Open High Low Volume
5.2¢ 5.2¢ 4.9¢ 1552473
Last updated 15.55pm 16/07/2019 (live) ?
AVZ (ASX) Chart
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