Thunder, I am playing devils advocate.
Hypothetical - you manage an index fund and you need to exit on ASX rebalancing. Do you a) just dump them at any price to any bidder, or b) sell them to another fund you manage that CAJ fits the profile?
I know what I would do with CAJ if I was that fund manager. And if I was doing it, I would be relishing the opportunity shifting large volumes to shake out a lot more than what I sell to myself.
At current SP, every pip fluctuation looks dramatic, up 4.1%, down 8% etc. Bet they don't let it slip under 10c because the pip trades thin out at .1c rather than the current .5c and it doesn't give the market manipulator the margins they want.
Some clever activity underway for sure, but for me, its someone building a position. Time will tell, there is no rush with the Medicare review for imaging apparently not likely until next year now.
Unless of course, we go to an early election and health becomes a bone they fight over. That could light this stock right up and I would not be ruling that out. Politics is now a game of power at any cost.
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Last
29.0¢ |
Change
-0.005(1.69%) |
Mkt cap ! $309.1M |
Open | High | Low | Value | Volume |
29.8¢ | 29.8¢ | 29.0¢ | $230.2K | 778.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 185462 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 281888 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 185462 | 0.290 |
3 | 85000 | 0.280 |
2 | 380054 | 0.275 |
1 | 11070 | 0.270 |
1 | 20000 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 281888 | 3 |
0.305 | 486994 | 5 |
0.310 | 698791 | 13 |
0.315 | 358346 | 12 |
0.320 | 865919 | 21 |
Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
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