You know meerkat you're talking a bit of sense in this post and I'll ask you, if this is a pump for people to dump, then who would do such a thing?
I've seen and stated on previous CR's(on other stocks) a stock usually has distribution instead of what we have seen on Friday which was accumulation.
You and evopilot have stated a PND so I'm just asking you or evopilot to back this up with any evidence.
Now for my case I've put up the A/D indicator(and someone has shown the indicator)and no-one had stock to feed out before the RI shares were issued but we still got a sp of 10/11c on a 5c RI.
It's all to me pointing towards a pure case of more demand than supply, hence an appreciating sp.
Looking forward to seeing some worthy explanations for a PND.
Cheers
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$18.31 |
Change
-0.240(1.29%) |
Mkt cap ! $351.9M | |||
| Open | High | Low | Value | Volume |
| $18.80 | $19.15 | $18.20 | $159.7K | 8.611K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 73 | $18.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.33 | 90 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AVR (ASX) Chart |