Don't fret a bit. The depth and course of sales show that it's not in retail investors' hands anymore. Insto is buying parcels, then cancelling buy orders to bring the sell price down. This could continue for days. I believe we'll see "becoming substantial shareholder" notice some time soon.
Now if two or more instos start competing then we'll see some interesting price action
Personally, I believe that being private companies they coordinate between themselves so that the price does not inflate prematurely. *i'm referring to the private major shareholders etc...
A2M $3 Party, page-197
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Last
$6.74 |
Change
-0.060(0.88%) |
Mkt cap ! $4.872B | |||
| Open | High | Low | Value | Volume |
| $6.79 | $6.81 | $6.68 | $8.115M | 1.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4975 | $6.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.76 | 4280 | 1 |
View Market Depth
| Last trade - 16.10pm 13/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |