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Strange volume question

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17 August 2009
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Can anyone tell me why the single share lots are in the sales list?



Date Price Vol Cost



11:24:53 AM 1.880 1 1.88
11:23:38 AM 1.880 1 1.88
11:22:23 AM 1.880 1 1.88
11:21:23 AM 1.880 1 1.88
11:20:08 AM 1.880 1 1.88
11:17:23 AM 1.880 1 1.88
11:15:46 AM 1.900 2,600 4,940.00
11:15:46 AM 1.900 508 965.20
11:15:46 AM 1.900 615 1,168.50
11:15:08 AM 1.900 1 1.90
11:12:23 AM 1.900 1 1.90
11:04:54 AM 1.900 575 1,092.50
11:04:54 AM 1.900 2,493 4,736.70
11:04:53 AM 1.900 1 1.90
11:02:49 AM 1.910 3,315 6,331.65
11:00:09 AM 1.910 1 1.91
11:00:09 AM 1.910 1 1.91
11:00:08 AM 1.910 183 349.53
11:00:08 AM 1.910 255 487.05
10:24:17 AM 1.910 10,000 19,100.00
 
Rather than a new thread, I thought I would use this one....

I notice the poster's previous question didn't get answered anyway.

Been watching MOF and noticed about 10 minutes of odd trades as depicted in the attached image. (showing last 20 trades of many before these)

It's obviously machine generated and I know the answer has been touched on before, but I haven't been able to it.

Could someone spare a few seconds to explain what looks like a really inefficient way to trade. I suspect also the trades wouldn't be subject to brokerage or commissions ??????
 

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Could someone spare a few seconds to explain what looks like a really inefficient way to trade. I suspect also the trades wouldn't be subject to brokerage or commissions ??????

Only retailers pay brokerage per trade. Insto & brokers pay per share.

its just a bored desk trader.
 
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