RE: Volume5 Jun 2025 15:58
Are Algos trading this at a loss then? From what I’ve seen online there’s 78.52% free float. So 50m of that is 11.5%. Plus lots like me sitting on their hands. Algos can’t have that much to play with surely? Once they’ve sold to lock in a profit that’s it, they can’t sell again, and Algos would be programmed to wait rather than sell at a loss in a short period of time? I get a sense the Algos have finished playing about with this given the amount traded.
As always happy to be corrected!