Australian (ASX) Stock Market Forum

Can anybody help me make sense of these trades?

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19 August 2009
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I'm very new at this :)

Every five minutes (almost exactly) there's a trade in AVH (Avita Medical) for between 227 & 231 shares, worth about $46.

I know that splitting a huge order into smaller parts might attract less attention, but these trades are too tiny for that, surely?

Cheers
Hobotivo
 
They are programmed trades. Some brokers use them to try to ensure they get a good average price for their trades and take out the human element.
They are very annoying.
 
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