It's an interesting situation.
A seller offloaded over 500k of shares two days ago in a hurry and we were back at low support of $1.3x and now back to $1.45 already on very little buying. There seems to be plenty of buyers at these levels happy to snap up the cheap shares.
If someone really wanted to take a decent buy position in SRL of 50,000 shares right now you are going to be pushing the price pack to $1.78. if you wanted to buy 500k of shares you would be pushing the price well over $2.
Food for thought that if you want SRL stock in a decent amount, there is not much available to buy and SP price is going to move up in a hurry. Just like it did in the past month really before the big sell order.
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It's an interesting situation.A seller offloaded over 500k of...
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Last
61.0¢ |
Change
-0.045(6.87%) |
Mkt cap ! $55.03M |
Open | High | Low | Value | Volume |
65.0¢ | 66.5¢ | 59.0¢ | $33.17K | 51.68K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19991 | 61.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
62.0¢ | 1344 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19991 | 0.610 |
1 | 816 | 0.590 |
1 | 17094 | 0.585 |
1 | 1000 | 0.545 |
1 | 20000 | 0.540 |
Price($) | Vol. | No. |
---|---|---|
0.665 | 684 | 1 |
0.670 | 714 | 1 |
0.680 | 3225 | 1 |
0.685 | 12000 | 1 |
0.690 | 8403 | 1 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
61.0¢ |
  |
Change
-0.045 ( 6.15 %) |
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Open | High | Low | Volume | ||
65.5¢ | 66.0¢ | 59.0¢ | 11089 | ||
Last updated 15.59pm 10/05/2024 ? |
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SRL (ASX) Chart |