Ann: Kobe Auction Result and Sales Update, page-177

  1. 1,270 Posts.
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    It's not surprising that there's some supply overhang. The price has risen dramatically over the last year. I think what's more interesting is the buyer(s) of 4.5m shares (or $902k) in the first ~15 minutes of the open. Here is the trade distribution for the day.

    upload_2024-2-6_20-44-45.png

    Despite the fact that we closed at 19c, the weighted average price for the day was 20c. Hopefully today was a glimpse of things to come for the remainder of the week.

    upload_2024-2-6_20-47-28.png

    The Paspaley auction starts on the 15th of February. For those on the inside, this should provide a strong indicator into the current price of South Sea Pearls, which I expect to be the same if not higher than the November auction. At least that's what some insiders have indicated.
 
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(20min delay)
Last
16.0¢
Change
-0.003(1.54%)
Mkt cap ! $70.24M
Open High Low Value Volume
16.0¢ 16.5¢ 16.0¢ $26.24K 161.5K

Buyers (Bids)

No. Vol. Price($)
6 495303 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 4761 1
View Market Depth
Last trade - 16.15pm 07/08/2025 (20 minute delay) ?
ATP (ASX) Chart
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