KMN 4.00% 12.0¢ kings minerals nl

repeated computer generated small buying

  1. 202 Posts.
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    Just wondering if anyone knows what is the whole strategy of buying 8 shares every 3-4 min that is currently going on. The value of the trade amount to about one dollar.
    I presume it must be done by some broker otherwise the transaction fees for each trade would make this prohibitive.
    Interesting question is why the broker is doing all this?
    I presume they don't do this to very share.
    If they are acting on client's instruction, I am curious as to their intention.
    Anybody in the know how the system work?
 
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