AG could just as easily turn round and become a seller.... many funds are facing increased redemptions.... as nervousness increases....imo.... I doubt many AG fund unit holders would be at all impressed with the millions chucked at FAR.... at 4.25c.... many monitor these things.... then there was Arrium...oh dear... careful what you wish for??
These funds are really just 'mums and dads'..... aggregated.... and act effectively the same way...in reality... i.e. MS.... Now, Meridian does not have this problem... however they appear not to be a buyer at these levels..... nor is FARJOY...... just the newbie 'knife catcher' AG...imo
GL
DYOR
Ann: Ceasing to be a substantial holder from MS, page-13
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Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 50.0¢ | $45.91K | 88.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5993 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 5982 | 1 |
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| Last trade - 15.08pm 28/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |