Yep, I am getting that feeling too. They've been accumulating for several weeks (probably different ones coming in over time). No point paying more than they have to and no point driving the price up through their own buying. So they tend to buy in 100k, 150k occasionally take a wipe and then sell down small quantities to dampen the action. A lot of it is invisible i.e. they see new sell/buy orders before we do and automatically grab them. Kind of isn't fair but the argument is they create liquidity.
2020 BRN Discussion, page-9038
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $333.0M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 16.8¢ | $1.174M | 6.869M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 185137 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 920196 | 12 |
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| Last trade - 16.10pm 13/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |